https://www.live-feeds.com/feed/volkswagen-slumps-deeper-into-the-red-on-porsche-writedownContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/volkswagen-slumps-deeper-into-the-red-on-porsche-writedownhttps://www.live-feeds.com/feed/volkswagen-slumps-deeper-into-the-red-on-porsche-writedown#u172426Tue, 03 Nov 2026 14:05:57 +0000Volkswagen sank deeper into the red during the third quarter by posting an operating loss of €5.9 billion, alongside an after-tax loss of $6.5 billion. Europe's biggest carmaker faced its worst result in more than a decade, driven by mounting headwinds in China and a major Porsche writedown. The massive financial hit underscores a deepening crisis at the automaker as leadership pushes forward with an expansive corporate restructuring.Why it mattersThe steep quarterly loss reflects intense competitive pressures facing Europe's traditional automotive sector from rivals in China. Financ