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Volkswagen

VW’s operating profit in Q1 fell almost 40% on U.S. tariffs, potential CO2 fines in Europe

Picture shows a customer viewing a new vehicle displayed for sale at a VW dealership in Miami, Florida.
A customer views a vehicle displayed at a VW dealership in Miami, Florida. (Bloomberg)
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By:
Bloomberg News
April 10, 2025 08:46 AM

Volkswagen Group’s profit fell in the first quarter as the automaker grappled with one-off charges and early effects of U.S. tariffs that are poised to drive up costs for the industry.

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