4 days ago
Volkswagen profit plunges 61% on tariffs, Porsche crisis, Volkswagen reported a steep 61% drop in profit for the first three quarters of 2025, with the German automaker hit by a double blow of U.S. tariffs and a costly strategic reversal at its Porsche subsidiary. The crisis has triggered a leadership shake-up at the luxury brand and raised questions about the future of Europe's largest carmaker. #Volkswagen #Porsche #EVMarket #AutoIndustry #Tariffs #Germany #BusinessNews #electricvehicles https://www.perplexity.ai/...
Tariffs and Porsche woes slash Volkswagen profit by 61%
Volkswagen has taken a heavy financial hit this year, with tariffs and troubles at its luxury brand Porsche wiping out much of its earnings.
https://www.dagens.com/autos/tariffs-and-porsche-woes-slash-volkswagen-profit-by-61
