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Key facts: VW warns China profit $228M–$684M; no wide copper replacement

July 1, 2026 GMT+8 13:13 TradingView

Volkswagen AG Pref (VOW) warns China profit will drop from about $5B to $228M–$684M this year; company is weighing tens of thousands of global job cuts tied partly to China lossesV

Volkswagen AG Pref (VOW) warns China profit will drop from about $5B to $228M–$684M this year; company is weighing tens of thousands of global job cuts tied partly to China losses
Volkswagen AG Pref (VOW) says it has no plans to widely replace copper with aluminum in vehicle wiring, though aluminum is used selectively where it offers clear benefits.