Published on
Jul 25, 2025
Volkswagen takes $1.5B hit from tariffs as profit plunges
Volkswagen said Friday that tariffs imposed by U.S. President Donald Trump had cost it 1.3 billion euros ($1.5-billion) in the first half of the year, as it reported falling profit. Overall net profit fell 38.5% year-over-year during the period to hit 4.48 …
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