Volkswagen Warns Auto Industry Downturn Is Worsening

📆 30-10-19 14:30:00
📰 WSJ

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Volkswagen, the world’s biggest auto maker, maintains its outlook as it sells more sport-utility vehicles

BERLIN—Volkswagen AG warned Wednesday that the downturn in the global car market was worsening, but maintained its outlook for profit and revenue as the world’s biggest auto maker by sales continued to sell more higher-priced sport-utility vehicles.

Volkswagen’s gloomy outlook comes amid a spate of profit revisions and downbeat assessments of the industry by leading manufacturers such as General Motors Co., Ford Motor Co. and Renault SA, who cited trade conflicts, Brexit and economic slowdown in China, the U.S. and Europe....

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

I thought SUVs were dead.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

A bear-market catalyst is lying in wait for stocks, warns UBSOur call of the day, from strategists at UBS, warns a big threat is lying in wait for equities: earnings expectations.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »