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شبكة راية الإعلامية
Volkswagen faces heavy losses as Porsche warns of critical juncture
Porsche SE, the main shareholder of Volkswagen, announced a net loss of 2.22 billion euros in the first half of 2026, after posting slight profits the previous year. The company urged Volkswagen to implement faster and deeper cost-cutting measures, warning that the group faces a "historic crossroads" if delays in addressing financial issues continue. It emphasized the urgent need to reduce excess production capacity and costs decisively to avoid falling behind competitors.
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