Volkswagen posts 14% drop in first-quarter profit on tariff pressure, China competition

The results come as top European original equipment manufacturers (OEMs) navigate several industry headwinds.

Germany news: VW profits slump as war and tariffs bite

Volkswagen has reported a sharp drop in profits, underscoring mounting pressure on Europe's largest carmaker. Meanwhile, Germany is hoping that economic data will show at least modest growth. DW has the latest.

Petrolina reports surge in 2025 profits to €8.3 million despite global turmoil

Petrolina (Holdings) Public Limited has announced a consolidated profit after tax of €8,300,087 for the financial year ending December 31, 2025, a significant increase from the €2,725,272 recorded in the previous year. The board of directors has proposed a final dividend of 2.0 cents per share, representing a percentage of 5.88 per cent, which follows […]

Naver Q1 net falls 31.3% on FX losses

Naver Corp., South Korea's largest online portal operator, said Thursday its first-quarter net profit fell 31.3 percent from a year earlier, weighed down by foreign exchange losses. Net profit for the three months that ended in March fell to 291 billion won ($195.9 million) from 423.7 billion won in the same period last year, the company said in a regulatory filing. "The decline was largely attributed to increased translation losses on the company's dollar-denominated debt when converted into th

By The Korea Herald

Capgemini's first-quarter revenue up 7%, in line with estimates

Volkswagen Q1 profit falls 14%, signals mounting pressure amid weak demand