Business ❯ Automotive ❯ Volkswagen
Profit Decline Market Challenges Operating Profit Quarterly Results Cost Reduction Tariffs Earnings Forecast Quarterly Earnings Electric Vehicles Earnings Reports Losses Layoffs Profit Loss Profit and Loss
The automaker reported a 29% drop in second-quarter profit, pressing negotiators for bespoke tariff carve-outs in return for its $14 billion US production investments.