Volkswagen Group's operating profit is expected to decline by 53% in 2025, with poor profit performance anticipated in the Chinese market

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Caixin: In 2025, Volkswagen Group delivered a total of 8.984 million vehicles, a slight decrease of 0.5% year-on-year, with operating revenue of €321.91 billion, down 0.8% year-on-year. On March 10, local time in Germany, Volkswagen Group released its 2025 financial report, disclosing the above data.

Meanwhile, Volkswagen Group’s operating profit plummeted by 53.5% to €8.87 billion, with the operating profit margin decreasing by 3.1 percentage points to 2.8%.

In 2025, Volkswagen Group’s sales ranked second globally, just behind Toyota. Volkswagen Group stated that the decline in operating profit in 2025 was mainly due to factors such as US tariffs, costs related to Porsche product strategy adjustments, and goodwill impairments. Excluding these special factors, Volkswagen Group’s operating profit could have reached €17.7 billion, with an operating profit margin of 5.5%.

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