28
Oct
17:50
Volkswagen Group claims financial resilience as Q3 earnings fall 26%
Volkswagen Group saw its production, deliveries and sales revenues increase in Q3, but earnings after tax shrunk by 26.5% year-on-year to €2.13 billion ($2.28 billion), Kallanish reports.
The German automaker said its Q3 financial results reflect strong profitability, particularly from its premium, sport and luxury segments, as well as its financial services. It also includes a non-cash impairment charge of €1.9 billion from withdrawing its investment in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous