1241 GMT - Volkswagen is fully embracing much-needed fixed-cost reductions and other measures aimed at addressing production inefficiencies, especially in Germany and within the VW brand, Berenberg's Romain Gourvil and Michael Filatov write. These efforts are supporting margins at the company's core brands. In addition, product momentum remains strong, enabling VW to navigate competitive pressures, particularly in Europe, they add. Berenberg notes that uncertainty remains elevated across the automotive sector though, particularly in China and as the industry contends with both direct and indirect tariff-related costs. The bank retains its buy rating and 113 euro price target on the stock. Shares rise 1.4% to 97.05 euros. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
November 10, 2025 07:41 ET (12:41 GMT)
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