German automaker Volkswagen reported a net profit of only 3.4 billion euros in the first three quarters of 2025, marking a sharp 61% year-on-year decline. This crisis stems from a dual blow: the imposition of U.S. import tariffs and the failure of Porsche's electrification strategy. The turmoil has triggered high-level personnel changes, raising external concerns about the future direction of Europe's largest automaker.
