Volkswagen reported a more than 50% drop in annual operating profit, citing the impact of U.S. tariffs, currency effects and a strategic shift at Porsche.
Volkswagen Layoffs: Volkswagen CEO Oliver Blume said in a letter to shareholders, "In total, around 50,000 jobs are due to be ...
Volkswagen (ETR:VOW3) management highlighted a year of “decisive action and delivery” in 2025, while acknowledging that ...
Volkswagen Group CEO Oliver Blume presented the business figures for the past year at the corporation’s annual press ...
Good morning, everybody, and welcome to our Annual Media Conference of the Volkswagen Group at Wolfsburg, and it's great to have you here today. And for those of you who are joining us online, welcome ...
Strategic readjustment at Porsche, as well as dwindling sales in both main export markets, the US and China took a big bite out of VW's 2025 profits — which almost halved.
The Volkswagen ID.3 Pro Facelift is a modern electric vehicle designed to provide an efficient, comfortable, and ...
The latest Volkswagen T-Roc comes equipped with a variety of modern features designed to enhance comfort, safety, and convenience while driving.
“In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany,” Volkswagen CEO Oliver Blume said in a letter to shareholders in the firm’s annual report.
VWAGY's profit plunges 53% as tariffs, weak demand and Porsche costs hit margins, prompting cautious growth forecasts and deeper cost cuts.
Operating result dropped more significantly, decreasing 53.5% to €8.86bn.
A Volkswagen UNYX 06 version on display at Auto Shanghai 2025, on April 25. [Photo/VCG] Volkswagen AG reported Tuesday that its operating profit in 2025 was halved from the previous year, citing US ...