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Volkswagen's Profit Plunge: Tariffs, China & Job Cuts

Published 3 weeks ago
Description

Volkswagens profits plummeted by 53.5% in 2025, marking their worst result in a decade, due to Trumps tariffs, intense competition in China, and Porsches struggles. The company plans to cut up to 50,000 jobs by 2030 and may close factories for the first time in history. Volkswagen is also grappling with Chinese rivals in China and Europe, as they launch new electric models to regain market share.

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