Volkswagen’s Major Stakeholder Anticipates $20 Billion Loss in 2024

In a stunning revelation that is likely to send shockwaves through the automotive industry, Porsche Automobil Holding SE, Volkswagen's largest shareholder, has indicated that it may face a staggering loss of up to $20 billion in 2024. This forecast raises critical questions about the financial health of Volkswagen, which has been grappling with various challenges in recent years.

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