Volkswagen Positive For 2023 Profits, But Doubts Build

Volkswagen Positive For 2023 Profits, But Doubts Build

VW’s share price stormed ahead after it unveiled positive forecasts for profits in 2023 but later stalled after it revealed ambitious spending plans, and bottom-line implications for Europe turned ugly. Tesla’s price war is also shaking up the profitability outlook, with VW in the eye of the storm.

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