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Volkswagen Group Reports 30.6% Decline in Net Profit for 2024
2025-03-11 /
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Author：小编
Volkswagen Group's financial report for 2024, released on March 11, revealed that the company's net profit after tax for the previous year stood at €12.4 billion, marking a 30.6% decrease from the previous year. Despite selling a total of 9 million vehicles throughout the year—a 3.5% drop compared to the prior year—the group managed to increase its sales revenue to €324.7 billion, representing a 1% year-on-year growth. Volkswagen Group attributed the significant profit decline primarily to escalating operational costs and heightened external competition.
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