Analysts were also surprised by the Volkswagen Group's massive financial loss

Volkswagen Group reported a significant loss of €5.9 billion in Q3, exceeding analysts' expectations of €2.6 billion. This marks the company's worst financial result since Q4 2015, attributed to special items totaling around €8 billion. Revenue also fell by 6% to €75.3 billion, worse than anticipated. CFO Arno Antlitz emphasized the need for accelerated restructuring to achieve a profit margin of 8-10% by 2030, which includes reducing model offerings and cutting costs.