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A weaker-than-expected second-quarter profit and a downward revision to Volkswagen's 2026 sales forecast, released Friday, frame a full-year revenue squeeze for the German automaker as it heads into restructuring.
The earnings shortfall and the guidance cut landed in the same report. The forecast revision Volkswagen cut its 2026 sales outlook outright.
The company named a full-year revenue squeeze explicitly, which means the pressure runs through year-end rather than being contained to a single quarter.
Cutting sales guidance before a restructuring sets a lower baseline against which upcoming program costs will be measured. Q2 earnings Second-quarter profit came in below expectations.
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