Europe@feddit.orgEnglish · 2 days ago

Volkswagen profits almost halve in 2025

p.dw.com

cross-posted to:
automotive@discuss.tchncs.de

Volkswagen profits almost halve in 2025

p.dw.com

schizoidman@lemmy.zip to

Europe@feddit.orgEnglish · 2 days ago

cross-posted to:
automotive@discuss.tchncs.de

In its annual figures, the company said that earnings fell from €12.4 billion ($14.45 billion) to €6.9 billion year on year.

Volkswagen CEO Oliver Blume said the VW Group would cut “around 50,000 jobs by 2030” across Germany.

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IDK why you didn’t, I don’t care to dig it all up for you, so I’ll just leave an article about Toyota which is the biggest competitor to VW.

Toyota unit to settle emissions scandal for $1.6bn:
https://www.bbc.com/news/articles/c62666374l4o

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