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VW ditches outlook after COVID-19 hammers first-quarter profit

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Home Blogs > Business
Apr 16 '20 | By oiam2companyadmin | Views: 39 | Comments: 0

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Germany's Volkswagen Group withdrew its outlook for 2020 on Thursday due to uncertainty related to the new coronavirus outbreak which caused operating profit to drop 81% in the first quarter.
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Source: https://www.reuters.com/article/us-health-coronavirus-volkswagen-results/vw-ditches-outlook-after-covid-19-hammers-first-quarter-profit-idUSKCN21Y1KV?feedType=RSS&feedName=businessNews

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