Pure Storage-Volkswagen takes $6 billion hit due to Porsche restructuring

Volkswagen takes $6 billion hit due to Porsche restructuring

Pure Storage(US:PSTG) Reuters·2025-09-20 00:21

Volkswagen , Europe's largest carmaker, said on Friday it will take a 5.1 billion euro ($6 billion) hit due to a far-reaching product overhaul at sportscar division Porsche AG. ...