Volkswagen Lowers Full-Year Forecast as Market Challenges Persist
By Andrea Figueras
Volkswagen slashed its outlook for the year as a whole, citing worsening market conditions.
The German automaker said Friday that the reasons behind the guidance cut are a challenging market environment, particularly in China, the impairment of the Porsche goodwill and additional restructuring expenses.
For 2026, the group now targets an operating return on sales of up to 1%, down from a prior estimate between 4% and 5.5%. It now anticipates full-year sales revenue of around 315 billion euros, or $361.48 billion. This is broadly equivalent to the midpoint of the previous forecast range, which projected a 3% decline or stable sales compared with 321.9 billion euros it made in 2025.
The company said that the updated projections are based on the assumption that tariffs will remain unchanged and noted that these estimates don't take into account the possible future effects from the war in the Middle East.
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
September 18, 2026 12:02 ET (16:02 GMT)
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