Volkswagen removed from Euro Stoxx 50 as profit warning and falling shares pressure Europe's largest carmaker

Volkswagen, Europe's largest automaker, was removed from the Euro Stoxx 50 index on September 21, 2026, after its market value fell below the threshold. The removal came days after the company issued a profit warning, cutting its 2026 operating margin forecast to no more than 1% and flagging €10 billion in one-off charges. Shares have fallen nearly 30% this year. The removal adds pressure on the company, as index-tracking funds must sell their holdings. Volkswagen is also undergoing a major restructuring, including cutting 100,000 jobs and halving its model line-up.