Volkswagen Profits Tumble as Tariffs, Competition in China Weigh on Earnings

Volkswagen has reported one of its worst financial performances in years, with operating profit more than halving in 2025 as the German automaker absorbs the combined weight of American tariffs, a collapsing position in China and deepening problems at two of its most profitable brands. The results confirm that Europe’s biggest auto manufacturer is fighting on multiple fronts simultaneously, and losing ground on most of them.

For rising EV firms like Rivian Automotive Inc. (NASDAQ: RIVN), the story of what is happening to legacy automakers like Volkswagen provides&

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