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Volkswagen profits slump as it flags full-year revenue squeeze

Volkswagen's Downward Spiral: A Warning Sign for the Global Auto Industry Volkswagen's latest quarterly earnings report has sent shockwaves through the global automotive landscape.

The German giant's operating profit slumped nearly 10% in the second quarter, falling short of expectations.

This decline is a stark reminder that even the biggest players are not immune to the challenges facing the industry.

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