Volkswagen targets 9% operating margin by 2030

FRANKFURT, ‌Sept ​3 (Reuters) - ​Volkswagen targets ‌an operating margin ⁠of ‌9% by 2030, ‌up from 3.8% in ​the first ⁠six months of ​2026, it said on Thursday, ​part ‌of a sweeping ⁠turnaround plan ⁠that was approved ​by the group's supervisory board ‌late on Thursday.

(Reporting ‌by ⁠Christoph ‌Steitz; ​Editing by Mark ‌Porter)

You May Also Be Interested In

• Judge blocks Trump from tying anti-terrorism grants to election changes
• With Burry as adviser, a new short-focused fund takes aim at private credit risks
• US says GM tech costs will decline by $20.4 billion through 2031 because of lower emissions rules