Reported 1 day ago
Volkswagen is grappling with the impact of high US tariffs, which have led to a significant drop in its operating profit for the first half of 2025. While their revenue remained stable at 158.4 billion euros, the company reported a 33% decrease in operating results, largely attributed to increased import tariffs and costs from restructuring. Looking forward, VW anticipates a trade deal that could lower tariffs, with hopes for an investment-based agreement with the US government.
Source: YAHOO