Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands
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Europe’s largest automaker, Volkswagen, is to shed 50,00…
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2026 › March › 10
Porsche
4 months ago
Volkswagen flags a tough year ahead as 2025 profit halves on tariffs, China competition ⊕
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.
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