US EditionVolkswagen posts 37% drop in first-quarter profit, says Trump tariffs could weigh on outlook
- Volkswagen, Europe's largest carmaker, announced a 37% drop in first-quarter operating profit to 2.9 billion euros in April 2025.
- The profit decline followed higher costs from restructuring, EU fines, and the impact of U.S. Tariffs amid escalating trade tensions under President Donald Trump.
- Volkswagen reported 77.6 billion euros in sales revenue, a 2.8% increase supported by stronger vehicle demand outside China despite ongoing market uncertainty.
- Volkswagen Group’s CFO Arno Antlitz noted that the company faced a challenging beginning to the fiscal year, highlighting the importance of maintaining a competitive cost structure amid unpredictable global economic conditions.
- Volkswagen warned of muted business for the rest of 2025, expecting profit margins at the lower end of guidance due to trade tensions, increased competition, and stricter emissions rules.
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Total News Sources86
Leaning Left10Leaning Right11Center13Last UpdatedBias Distribution38% Center
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C 38%
R 32%
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