Volkswagen AG
VOW: XETR (DEU)
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Volkswagen Earnings: Profit Stabilization at Half-Year; Finally Gearing Up for Structural Change
VW lowered its full-year revenue and deliveries guidance to account for an increasingly tough Chinese market. However, it maintained its margin guidance, reflecting the effects of its cost-reduction program. Its 2030 plan reflects the somber reality of structural industry changes.
