Volkswagen's Results Solid Once Porsche Charges Excluded -- Market Talk

Dow Jones10-14

0750 GMT - Volkswagen is performing reasonably well in terms of underlying profitability, excluding about 5.1 billion euros in noncash charges tied to Porsche, Bernstein analysts write in a note. Deliveries rose 1% on year in the first nine months, with battery-electric vehicle sales up 42% and making up 11% of total deliveries, they say. Western Europe remains the main growth region, while China and the U.S. lag, the analysts say. Cash flow stayed positive and is returning to normal levels despite higher capital expenditure and research and development spending, Bernstein writes. External pressures should ease as the tariff hit looks less severe than the 1.5 billion euros it booked in the second quarter, Bernstein says. Shares rise 2.1%. (william.gray@wsj.com)

(END) Dow Jones Newswires

October 14, 2025 03:50 ET (07:50 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2575616702?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-14 15:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2575616702","market":"nz","top_or_hot":-1,"title":"Volkswagen's Results Solid Once Porsche Charges Excluded -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0750 GMT - Volkswagen is performing reasonably well in terms of underlying profitability, excluding about 5.1 billion euros in noncash charges tied to Porsche, Bernstein analysts write in a note. Deliveries rose 1% on year in the first nine months, with battery-electric vehicle sales up 42% and making up 11% of total deliveries, they say. Western Europe remains the main growth region, while China and the U.S. lag, the analysts say. Cash flow stayed positive and is returning to normal levels despite higher capital expenditure and research and development spending, Bernstein writes. External pressures should ease as the tariff hit looks less severe than the 1.5 billion euros it booked in the second quarter, Bernstein says. Shares rise 2.1%. (william.gray@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 14, 2025 03:50 ET (07:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Volkswagen's Results Solid Once Porsche Charges Excluded -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVolkswagen's Results Solid Once Porsche Charges Excluded -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-14 15:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0750 GMT - Volkswagen is performing reasonably well in terms of underlying profitability, excluding about 5.1 billion euros in noncash charges tied to Porsche, Bernstein analysts write in a note. Deliveries rose 1% on year in the first nine months, with battery-electric vehicle sales up 42% and making up 11% of total deliveries, they say. Western Europe remains the main growth region, while China and the U.S. lag, the analysts say. Cash flow stayed positive and is returning to normal levels despite higher capital expenditure and research and development spending, Bernstein writes. External pressures should ease as the tariff hit looks less severe than the 1.5 billion euros it booked in the second quarter, Bernstein says. Shares rise 2.1%. (william.gray@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 14, 2025 03:50 ET (07:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VWAPY","symbol_name":"Volkswagen AG","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2575616702","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2575616702","pubTimestamp":1760428200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0750 GMT - Volkswagen is performing reasonably well in terms of underlying profitability, excluding about 5.1 billion euros in noncash charges tied to Porsche, Bernstein analysts write in a note. Deliveries rose 1% on year in the first nine months, with battery-electric vehicle sales up 42% and making up 11% of total deliveries, they say. Western Europe remains the main growth region, while China and the U.S. lag, the analysts say. Cash flow stayed positive and is returning to normal levels despite higher capital expenditure and research and development spending, Bernstein writes. External pressures should ease as the tariff hit looks less severe than the 1.5 billion euros it booked in the second quarter, Bernstein says. Shares rise 2.1%. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"VWAPY":"Volkswagen AG","BK4099":"汽车制造商"},"translate_title":"排除保时捷收费后，大众汽车业绩稳健——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VWAPY":0.9},"content_text":"0750 GMT - Volkswagen is performing reasonably well in terms of underlying profitability, excluding about 5.1 billion euros in noncash charges tied to Porsche, Bernstein analysts write in a note. Deliveries rose 1% on year in the first nine months, with battery-electric vehicle sales up 42% and making up 11% of total deliveries, they say. Western Europe remains the main growth region, while China and the U.S. lag, the analysts say. Cash flow stayed positive and is returning to normal levels despite higher capital expenditure and research and development spending, Bernstein writes. External pressures should ease as the tariff hit looks less severe than the 1.5 billion euros it booked in the second quarter, Bernstein says. Shares rise 2.1%. (william.gray@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 14, 2025 03:50 ET (07:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2575616702","isCrawlerRequest":true}