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Volkswagen expects revenue to grow in 2025, says it feels ‘all-American’ as tariffs loom

Volkswagen's net profit in 2024 dropped to 12.4 billion euros, a decline of 30.6 percent, attributed to high costs and one-off restructuring expenses.
The company faced a 3.5 percent overall drop in unit sales, with nearly 10 percent of deliveries to China, its largest market.
High fixed costs significantly impacted Volkswagen's profit margins, which fell to 5.9 percent from seven percent in 2023.
For 2025, Volkswagen expects revenue to rise by up to five percent and aims for a profit margin between 5.5 and 6.5 percent.

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Volkswagen to navigate another tricky year after 2024 profit plunge

Wolfsburg, Germany — Volkswagen said Tuesday its profits nosedived in 2024 amid high costs and fierce Chinese competition as the German carmaker geared up for another tricky year navigating an industry transition and global trade tensions. At 12.4 billion euros ($13.4 billion) in 2024, net profit for Europe’s biggest automaker fell over 30 percent compared

5 hours ago·Manila, Philippines

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The Berkshire Eagle

Volkswagen's Profit Under Pressure From Tariffs and Competition

WOLFSBURG, Germany -- Volkswagen's earnings dropped last year and its profitability may improve only marginally this year, as the automaker repositions its global business to deal with shifting trade policies in the United States and tough competition from its Chinese…

19 hours ago

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Le Figaro

“The challenges are enormous”: mired in the crisis, the German automotive industry is shaking on its foundations

Last year, the turnover of the German automotive sector fell by 5% to 536 billion euros. Manufacturers and equipment manufacturers are multiplying the number of job cuts.

19 hours ago·Paris, France

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Nikkei

VW's net profit falls 33% in the previous fiscal year

[Frankfurt - Hayashi Hideki] Germany's Volkswagen (VW) announced on the 11th that its net profit for the full year ending December 2024 was 10,721 million euros (approximately 1.7 trillion yen), down 33% from the previous fiscal year. High production costs remain unresolved in Germany, and sales in the prized Chinese market continue to decline. The Trump administration's increase in automobile tariffs adds to the "internal and external troubles.…

20 hours ago·Japan

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EURACTIV

Volkswagen sets its mind to the US after profit slump

To be profitable on the US market amidst tariff tensions and business challenges, an expert suggests the company should "let go of the reins a little."

21 hours ago·Brussels, Belgium

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