Volkswagen Sales Dip Slightly in 2025, Operating Profit Halved

Volkswagen Group recently released its 2025 financial results: global deliveries totaled 8.984 million vehicles, down slightly by 0.5% year-over-year; revenue amounted to €321.91 billion, a decrease of 0.8%. More notably, operating profit plunged sharply by 53.5% to just €8.87 billion, with the operating margin falling to 2.8%. The company attributed the profit decline primarily to one-off factors, including U.S. tariffs, costs related to Porsche’s product strategy adjustments, and goodwill impairments. Excluding these special items, adjusted operating profit would have reached €17.7 billion, lifting the operating margin back to 5.5%. Despite these challenges, Volkswagen maintained its position as the world’s second-largest automaker by sales volume, trailing only Toyota, underscoring its strong market standing.