The new volkswagen id. Every1 is displayed during the presentation during the presentation of the Volkswagen id. Every1 on March 5, 2025 in Dusseldorf, Germany.
Andreas Rentz | Getty Images
German autos giant Volkswagen Reported A 15% Year-On-Year Drop in Annual Operating Profit on Tuesday, Citing Increasing Costs and “Extraordinary Expends” Associateed with Restructuring Strategy.
It posted a revenue of 324.7 billion euros ($ 352.8 billion) in full-yar 2024, up from 322.3 billion euros last year. The Automaker said it expects sales revenue to Exced the Previous Year’s Figure by up to 5% in 2025.
This breaking news story is being updated.
(Tagstotranslate) Tariff (T) Earnings (T) Autos (T) Markets (T) Breaking News: Markets (T) Volkswagen AG (T) Business News
