Volkswagen loss widens more than expected in Q3, raising restructuring stakes
Volkswagen loss widens more than expected in Q3, raising restructuring stakes BERLIN, Oct 29 (Reuters) - Volkswagen VOWG_p.DE tumbled further into the red in the third quarter, signalling a deepening crisis at the world's second-largest carmaker, which is battling seismic challenges across key markets as it embarks on a major restructuring.
Europe's top automaker reported an operating loss of €5.9 billion ($6.59 billion) during the three-month period. Visible Alpha analysts had forecast a €2.6 billion loss, after a €1.3 billion loss during the same period last year.
($1 = 0.8959 euros)
(Reporting by Rachel More, Editing by Friederike Heine)
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