Volkswagen posts $6.5 billion quarterly loss as China slump, Porsche writedown weigh on bottom line
FRANKFURT – Automaker Volkswagen posted a 5.8 billion euro ($6.5 billion) after-tax loss for the July-September quarter as large one-time charges piled on top of weak demand in China, U.S. tariffs and lower profits from electric vehicles. The results announced Thursday underline the challenges…