On July 25, Volkswagen unveiled its second-quarter financial report, revealing a revenue of €80.81 billion, marking a 3% year-over-year decline and falling short of the market's anticipation of €82.19 billion. Operating profit stood at €3.83 billion, slightly undershooting the market's expectation of €3.89 billion. Consequently, Volkswagen has revised its sales growth projections for 2025, now anticipating sales to remain flat compared to the previous year, down from an earlier forecast of a maximum 5% increase. The company also expects a sales margin of 4% to 5%, lower than the previously anticipated range of 5.5% to 6.5%. Volkswagen's revised performance guidance is predicated on two scenarios: an upper limit assuming a reduction in US tariffs to 10%, and a lower limit based on the assumption that the current 27.5% US tariff will remain in effect throughout the second half of the year.