Unlocking the Impact: Volkswagen Slashes Forecasts Due to $1.5 Billion U.S. Tariff Blow in First Half
Highlights: – Volkswagen lowers full-year guidance and reports a drop in second-quarter profit due to U.S. tariffs and restructuring costs. – Operating profit for the three months through June down by 29%, missing analyst expectations. – Volkswagen’s 2025 operating return on sales expected to range between 4% to 5%, down from a previous forecast of […]
