Overview
- Volkswagen's Q1 2025 net profit fell 41% year-over-year to €2.186 billion, driven by restructuring costs and external pressures.
- Revenue increased by 2.8% to €77.558 billion, with vehicle deliveries rising 0.9% to over 2.1 million units globally.
- The company incurred €400 million in restructuring charges related to Cariad and Audi, alongside a €100 million impairment from Northvolt's bankruptcy.
- Regional sales performance varied, with growth in Europe (+4%) and South America (+17%) offset by declines in North America (-2%) and China (-6%).
- Electric vehicle demand surged 64%, now comprising over 20% of total orders, supporting Volkswagen's optimistic 2025 revenue and margin forecasts.