Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands ...

The German carmaker reported that FY25 earnings after tax fell 44.3% year-on-year to €6.90bn, a result that multiple reports ...

German automaker Volkswagen plans to cut 50,000 jobs by 2030 as profits fall due to increased competition with Chinese ...

Germany's automotive giant Volkswagen said Tuesday it would cut 50,000 jobs at home by 2030 as its profit slid to its lowest ...

The Volkswagen Group today released fourth-quarter and full-year 2025 financial results, and two things stand out more than anything. The operating profit has plunged 53.5% to €8.9 billion ($10.35 ...

Volkswagen is cutting 50,000 jobs in Germany after profits fell to a 10-year low. Premium brands Audi and Porsche, plus software unit Cariad, will be affected.

Volkswagen reported a 54% drop in pre-tax profits to €8.9 billon (£6.6 billion), citing US tariffs and a costly strategy shift at Porsche. Net profit after tax fell by around 44% in 2025, from €12.4 ...

Lufthansa pilots have called a two-day strike amid a dispute over pension payments. Meanwhile, Volkswagen says it plans to ...

Volkswagen job cuts target 50,000 roles as profits fall 44% amid China competition, U.S. tariffs, and EV transition ...

Volkswagen said Tuesday that it would cut 50,000 jobs in Germany by 2030 as its profit slid to its lowest level since 2016.