Volkswagen and Porsche take huge risk with big bet

Nothing stops Volkswagen (VLKAF) .

Not Russia’s energy war against the European Union. Moscow decided to cut off gas supplies to Europe ahead of the cold autumn and winter months due to the countries’ support for Ukraine, which Moscow invaded on February 24.

This energy crisis will undoubtedly cause household electricity bills to soar, which in turn risks further weakening Europe’s already faltering economies.

The German multi-brand automaker is also not fazed by central banks’ unclear plans to tackle the world inflation.

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