Volkswagen, Europe's top carmaker, expects at best a slight increase in its 2025 operating profit margin, it said, joining rivals in giving a subdued outlook for the year ahead as the sector battles weak demand,

Volkswagen is attempting to produce more affordable EV models to catch up with cheaper Asian rivals, despite facing significantly higher manufacturing costs

Volkswagen said Tuesday its profits nosedived in 2024 amid high costs and fierce Chinese competition as the German carmaker geared up for another tricky year navigating an industry transition and

Volkswagen, Europe's top carmaker, forecast another challenging year of ramping up EV sales, cutting costs, and navigating trade tensions as it seeks to streamline its operations in Europe and catch up with cheaper and faster rivals in China.

Volkswagen AG concluded 2024 with lower operating results but slightly increased sales revenue. The carmaker presented its plans to navigate the challenges coming from the US and China, but they haven’t factored in tariffs for 2025.

German auto giant Volkswagen said Tuesday its annual profits nosedived during a torrid year that saw Europe's top carmaker increasingly struggle with high production costs and fierce Chinese competition.