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Volkswagen Adjusts Profit Forecasts Amid US Tariff Impact on Audi and Porsche Margins
1 week ago /
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Author：小编
The Volkswagen Group has revised its financial outlook for the current year, primarily due to the imposition of US tariffs, escalating restructuring expenses, and narrow profit margins for electric vehicles. The company now anticipates its operating sales return ratio to drop to a range of 4% to 5%, down from the previously projected 5.5% to 6.5%. Amid import tariff pressures in the US market and subdued demand in Europe, Volkswagen has implemented a cashback strategy to stimulate electric vehicle sales. Figures indicate that electric vehicle deliveries in Europe surged by 73% in the second quarter.
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