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Tesla model plans and production forecast to 2028

The latest vehicle manufacturer strategy report by Automotive World examines Tesla’s future model plans and forecasts its production output for the period to...
HomeTechnology & InnovationVW Q3 results: 2024 proving even tougher than feared

VW Q3 results: 2024 proving even tougher than feared


Volkswagen Group began the year by forecasting tougher conditions and in July it trimmed its full-year margin forecast following an 11.4% drop in first-half operating profit. However, a 42% year-on-year fall in operating profit in Q3 has prompted a much sharper cut in the full-year forecast and the company, currently in wage negotiations with its domestic unions, says it underlines the need for significant cost-cutting and efficiency improvements.



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