https://www.live-feeds.com/feed/porsche-s-decline-from-crown-jewel-to-millstone-for-parent-volkswagenContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/porsche-s-decline-from-crown-jewel-to-millstone-for-parent-volkswagenhttps://www.live-feeds.com/feed/porsche-s-decline-from-crown-jewel-to-millstone-for-parent-volkswagen#u81475Wed, 23 Sep 2026 15:54:01 +0000Volkswagen Group has reduced its 2026 profit outlook to 1% following an $11.5 billion hit attributed to Porsche and operations in China. The company has been removed from the Euro Stoxx 50 blue-chip index as financial pressures mount. Management has warned that the company has no time to lose as problems worsen. While the profit warning has not dampened broader optimism regarding auto stocks, the decline of Porsche from a crown jewel to a financial burden represents a significant shift for the parent group.Why it mattersPorsche previously served as a primary profit driver for Volkswagen. The c