VW profit rebound in doubt as Chinese rivals pose ‘existential threat’
Volkswagen's profit nearly halved in 2025, dropping by 44% from 12.4 billion euros to 6.9 billion euros, raising doubts about a profit rebound as Chinese rivals pose an 'existential threat' and the company plans to cut 50,000 jobs in Germany as part of its ongoing restructuring.
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VW profit rebound in doubt as Chinese rivals pose ‘existential threat’
Analysts warn Europe’s largest carmaker may struggle to lift margins despite historic restructuring
Read full article →VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales
Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands Business live – latest updates Europe’s largest automaker, Volkswagen, is to shed 50,000 jobs by the end of the decade, as it faces falling sales in China and North America and punitive US tariffs imposed by Donald Trump. The 10-brand group, whose luxury subsidiaries Porsche and Audi are also under pressure, said the jobs would go in Germany, affecting the entire group, as part ...
By Deborah Cole
Read full article →Germany news: Volkswagen to cut 50,000 jobs by 2030
The German auto giant has announced annual profits almost halved last year. Meanwhile, Berlin has withdrawn staff from its Baghdad embassy due to growing safety concerns. DW has more.
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