On July 25, Volkswagen reported a marginal 0.2% increase in sales during the second quarter, accompanied by a 0.6% decline in production. For the first half of the year, the company incurred losses totaling €1.3 billion and €700 million, respectively, attributed to tariff costs and provisions. Consequently, Volkswagen has revised its 2025 sales profit margin outlook downwards, from the previously anticipated range of 5.5% to 6.5% to a new estimate of 4% to 5%. This adjustment is predicated on the assumption that US tariffs in 2025 could fluctuate between 27.5% and 10%.