BERLIN—Volkswagen AG said Thursday that profit dropped nearly 10% in the first quarter, hit by slowing growth in China, fresh diesel-related charges, and weaker earnings in its core brands. But it surprised a market that had factored in worse news, boosting the company’s share price.
The results, largely in line with analysts’ expectations, are reflective of a global auto industry that is struggling to cope with slower growth in China—the world’s biggest auto market by sales—uncertainties in the global economy in the wake...
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3M CEO on disappointing earnings: We're getting ahead of the curve in China and weak sectorsRoman blamed challenges in China as well as in the automotive and electronics sectors for the manufacturing giant's weak first quarter earnings. Which often leads to derailment. thank realDonaldTrump for it
ソース: CNBC - 🏆 12. / 72 続きを読む »