Volkswagen revises down 2026 sales forecast after Q2 profit slump

BERLIN: Volkswagen revised down its sales forecast for 2026 on Friday, now expecting a decline of up to 3%, after its operating profit slumped in the second quarter.

The German auto group, which includes subsidiaries Porsche and Audi, reported a lower-than-forecast operating profit of €3.5 billion ($3.98 billion) in the April-to-June period, down 9.5% year on year.