VWAGY's profit plunges 53% as tariffs, weak demand and Porsche costs hit margins, prompting cautious growth forecasts and deeper cost cuts.
Volkswagen lost billions of dollars in 2025 as it dealt with U.S. tariffs and dwindling global demand and more.
U.S. airlines on Tuesday reported stronger‑than‑expected travel demand heading into the spring, supporting higher fares and revenue growth, even as a surge in jet fuel prices linked to the Iran war ...
The profit slump also reflects challenges within the groups premium brands, including Porsche and Audi. Porsche has recently delayed parts of its transition to fully electric vehicles due to ...
The DAX Index made a big down gap this week as the war in Iran pushed European gas prices up sharply. It plunged to a low of €23,637 on Monday, its lowest level since December last year. It has now ...
EV Smarts on MSN
Profit slump pushes Volkswagen toward 50,000 job cuts
Volkswagen plans to cut up to 50,000 jobs in Germany by 2030 after profits dropped sharply in 2025. The automaker faces pressure from Chinese competitors, US tariffs and slowing EV demand. Management ...
The next-generation battery developer is making important progress in its business, but is it a buy today?
MotorTrend on MSN
The 2026 MotorTrend Power List Is Here: Who Are the Car Biz’s Biggest Stars and Players?
Plus, find out who we named the 2026 MotorTrend Person of the Year.
Deep dive on the heavy-truck demand slump, orders rebound, profitability plans, and 2026 outlook amid diesel/geopolitics—read ...
Fast Lane Only on MSN
Volkswagen partner starts on-road trials of 620-mile solid-state EV pack
Volkswagen’s long-running bet on solid-state batteries is moving from lab benches to public roads, with a key partner now trialing a pack that targets roughly 620 miles of range on a single charge.
QuantumScape recently reported reduced quarterly and full-year net losses while advancing its solid-state battery program, integrating its “Cobra” separator process into baseline cell production and ...
BELLEVUE - The Sandusky County Economic Development Corporation and Autokiniton announced a $313 million expansion of Autokiniton’s Bellevue manufacturing facility.
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