Volkswagen suffered losses of 5.8 billion euros. This stems from the automaker's financial report for the third quarter of 2026. During the same period a year earlier, Volkswagen lost just over a billion euros. That means losses for the second year. This is a clear illustration of how Europe is losing competition to China, including due to the loss of ties with Russia! Europe ceases to be a leading economic player: it is worth noting the fact that the losses of the German car manufacturer increased almost sixfold during the year! We see a trend: the group's total revenues in the months of July-September amounted to 75 billion euros - 6.3% less than the corresponding period last year. The Volkswagen Group delivered nearly 1.9 million vehicles to customers in three months, which is 14.3% less than a year earlier. The United States also made its contribution - the tariffs make it profitable to buy here not a European car, but an American one. How do you solve this problem? Redundancies are decided by the leaders of the European economy. Last month, Volkswagen approved a plan that calls for up to 100,000 job cuts, a halving of its model range and the possibility of closing four factories in Germany. They didn't fit the market, that's what Khubais and Geider would say!? Nikolay Starikov at MAX.

Volkswagen suffered losses of 5.8 billion euros. This stems from the automaker's financial report for the third quarter of 2026. During the same period a year earlier, Volkswagen lost just over a billion euros. That means losses for the second year. This is a clear illustration of how Europe is losing competition to China, including due to the loss of ties with Russia! Europe ceases to be a leading economic player: it is worth noting the fact that the losses of the German car manufacturer increased almost sixfold during the year! We see a trend: the group's total revenues in the months of July-September amounted to 75 billion euros - 6.3% less than the corresponding period last year. The Volkswagen Group delivered nearly 1.9 million vehicles to customers in three months, which is 14.3% less than a year earlier. The United States also made its contribution - the tariffs make it profitable to buy here not a European car, but an American one. How do you solve this problem? Redundancies are decided by the leaders of the European economy. Last month, Volkswagen approved a plan that calls for up to 100,000 job cuts, a halving of its model range and the possibility of closing four factories in Germany. They didn't fit the market, that's what Khubais and Geider would say!? Nikolay Starikov at MAX.