Volkswagen Group sees plunge in performance as US tariffs pose risks
Forrás:
Euronews.com
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Volkswagen AG reported a 37% drop in operating profit to €2.9 billion in Q1 2025, while sales revenue increased by 3% to €78 billion. The company sold 2.1 million vehicles, a 1% rise from the previous year. The share of battery electric vehicle deliveries rose significantly, particularly in Western Europe. Despite the positive reception of their electric cars, the company faces challenges due to US tariffs, impacting their operating margin. Volkswagen expects sales to rise by up to 5% for the year, with a projected operating return on sales between 5.5% and 6.5%. Teljes cikk (Euronews.com)