Veytics Intelligence
2026-10-29 · DW

Germany news: Volkwagen posts 3rd quarter losses of nearly €6 billion amid competition from China

Here are the main headlines from and about Germany on Thursday, October 29, 2026: They were once top sellers in China. Now the likes of Volkswagen, Toyota and Honda are losing ground to a new generation of Chinese carmakers. What happened? To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Volkswagen (VW) reported third quarter losses of €5.8 billion ($6.5 billion) on Thursday, as it faces rising competition from China. Germany's biggest car maker had reported a loss of just over €1.07 billion in the same period last year. Volkswagen, like other car makers, has struggled to keep pace with fierce competition from China, the world's biggest car market.

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