BERLIN—Volkswagen AG, the world’s biggest car maker by sales, on Thursday became the latest to report a higher-than-expected profit while warning that rising coronavirus cases and fresh lockdowns were threatening the rebound.

Global auto makers have made considerable headway since the summer, but that progress is now being endangered by the trajectory of the pandemic. In Europe, new Covid-19 infections are at record levels and still rising, causing governments to impose new lockdowns.

Even…

This post first appeared on wsj.com

You May Also Like

Embassies, Boris Johnson turn to Chinese social media to mediate Russia-Ukraine conflict

HONG KONG — In the leadup to Russia’s invasion of Ukraine, the…

Former Sen. John Warner of Virginia dies at 94

ALEXANDRIA, Va. — Former Sen. John W. Warner of Virginia, a centrist…

Jobs Report Shows Gains Slowed in December

Hiring slowed in December in a sign the economic recovery was moderating…

Trump expected to appear for third day of civil fraud trial

17m ago / 12:30 PM UTC Trump gripes trial is ‘unfair’ after…