VW sees Q2 sales sink 8.6% amid reports of mass job cuts

NAMPA / DPA
2026-07-10
Wolfsburg, Germany (dpa) - German automotive giant Volkswagen on Friday reported an 8.6% drop in second-quarter deliveries worldwide, with weak figures in China dragging down results.  Europe's largest carmaker sold 2.08 million vehicles across all its brands, which include the core VW brand, ?koda, Porsche and Audi.  The decline came as the Volkswagen Group's supervisory board met to discuss chief executive Oliver Blume's plan for a major "reali......
Restricted content

Latest NAMPA photos

SICHUAN, 08 July 2026 - Minister of Agriculture, Fisheries, Water and Land Reform, Inge Zaamwani. (Photo: Isabel Bento) NAMPA

SICHUAN, 08 July 2026 - Minister of Agriculture, Fisheries, Water and Land Reform, Inge Zaamwani. (Photo: Isabel Bento) NAMPA

NAMPA
OSHITAYI, 08 July 2026 - Ondangwa Urban Constituency Councillor Leonard Negonga address learners during the Ondangwa Urban Annual Constituency Culture Festival 2026 on Wednesday. (Photo: Ester Hakaala) NAMPA

OSHITAYI, 08 July 2026 - Ondangwa Urban Constituency Councillor Leonard Negonga address learners during the Ondangwa Urban Annual Constituency Culture Festival 2026 on Wednesday. (Photo: Ester Hakaala) NAMPA

NAMPA
BEIJING, 09 July 2026 - Director of Sinomine Group and Chief Executive Officer of Sinomine Tsumeb Smelter, Logan Lou Yonggang. (Photo: Isabel Bento) NAMPA

BEIJING, 09 July 2026 - Director of Sinomine Group and Chief Executive Officer of Sinomine Tsumeb Smelter, Logan Lou Yonggang. (Photo: Isabel Bento) NAMPA

NAMPA
GABORONE, 06 July 2026 - Southern African officials will meet in Johannesburg from 15 to 17 July to advance public spending efficiency through cost-benefit analysis. (Photo: Contributed) NAMPA.

GABORONE, 06 July 2026 - Southern African officials will meet in Johannesburg from 15 to 17 July to advance public spending efficiency through cost-benefit analysis. (Photo: Contributed) NAMPA.

NAMPA
NEW YORK, 07 July 2026 - Diene Keita, Executive Director of UNFPA. (Photo: Contributed) NAMPA.

NEW YORK, 07 July 2026 - Diene Keita, Executive Director of UNFPA. (Photo: Contributed) NAMPA.

NAMPA
WINDHOEK, 07 July 2026 - Ana Beatriz Martins, European Union (EU) Ambassador to Namibia. (Photo: Contributed) NAMPA

WINDHOEK, 07 July 2026 - Ana Beatriz Martins, European Union (EU) Ambassador to Namibia. (Photo: Contributed) NAMPA

NAMPA
GENEVA, 06 July 2026 - Minister of Information and Communication Technology, Emma Theofelus, pictured with Chairperson of the PowerCom Board, Eldorette Harmse, Director of the Telecommunication Development Bureau (BDT) at the International Telecommunication Union (ITU), Dr Cosmas Luckyson Zavazava; and Namibia's Ambassador to the Swiss Confederation and Permanent Representative to the United Nations Office in Geneva, Elvis Shiweda, during the Global Dialogue on AI Governance in Geneva, Switzerland, on Monday.

(Photo by: Josephina Simeon) NAMPA

GENEVA, 06 July 2026 - Minister of Information and Communication Technology, Emma Theofelus, pictured with Chairperson of the PowerCom Board, Eldorette Harmse, Director of the Telecommunication Development Bureau (BDT) at the International Telecommunication Union (ITU), Dr Cosmas Luckyson Zavazava; and Namibia's Ambassador to the Swiss Confederation and Permanent Representative to the United Nations Office in Geneva, Elvis Shiweda, during the Global Dialogue on AI Governance in Geneva, Switzerland, on Monday. (Photo by: Josephina Simeon) NAMPA

NAMPA
GUANGZHOU, 06 July 2026 - A car assembly line at the Guangzhou Automobile Group (GAC) car company. GAC is China’s state-owned automaker. Which manufactures vehicles under its own marques (GAC Motor and AION) and operates highly successful joint ventures with Honda and Toyota. With global reach across 86 regions, it is rapidly expanding into EVs and international production. (Photo by: Isabel Bento) NAMPA

GUANGZHOU, 06 July 2026 - A car assembly line at the Guangzhou Automobile Group (GAC) car company. GAC is China’s state-owned automaker. Which manufactures vehicles under its own marques (GAC Motor and AION) and operates highly successful joint ventures with Honda and Toyota. With global reach across 86 regions, it is rapidly expanding into EVs and international production. (Photo by: Isabel Bento) NAMPA

NAMPA