Volkswagen lowers sales outlook as third-quarter earnings beat expectations

Analysts polled by Reuters had expected third-quarter operating profit to come in at 4.4 billion euros.

14 May 2019, Berlin: At Volkswagen's Annual General Meeting, a VW employee is plugging a charging cable into a VW Passat with plug-in hybrid technology.reported stronger-than-anticipated third-quarter earnings on Wednesday, but lowered its outlook for 2019 vehicle deliveries citing a "challenging market environment."

"Despite the gain in market share, the Volkswagen Group anticipates that vehicle markets will contract faster than previously anticipated in many regions of the world."

Wow

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

LIVE: Here come Alphabet's earningsGoogle's parent company is reporting its third-quarter results on Monday. Wall Street is expecting strong sales but declining earnings.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

GM's third-quarter earnings beat estimates despite $1 billion strike costAnalysts will be interested in finding out additional details about how a 40-day strike by the United Auto Workers impacted the company's third and fourth quarters and whether or not it was enough for GM to change its outlook for the year. I have a 19 year old Vauxhall Corsa made by GM if that helps
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »