Volkswagen delivered fewer cars in the third quarter as the automaker navigates an increasingly challenging market hit by a price war in China and high domestic production costs.

Shares in the EV maker fell after a much-hyped event was heavier on showbiz than financial details.

Stellantis shares slipped following the troubled automaker’s announcement of a sweeping management reshuffle just days after it slashed full-year earnings guidance.

The automaker’s CFO and North America chief are stepping down amid its U.S. troubles.

The electric-car maker also unveiled a second vehicle, a Robovan, designed to shuttle up to 20 people at a time.

The naming of Tom Peddie as Nike’s general manager of North America comes days ahead of incoming Chief Executive Elliott Hill’s first day on the job.