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Volkswagen stung by nearly $1B tariff hit, projects $5.8B import tax for the year
Yahoo Finance·2025-10-30 23:00

German auto giant Volkswagen's (VWAGY) tariff hit in the third quarter hurt the bottom line by nearly 1billion,withthe2025tallyballooningtoanamountthatcouldeatheavilyintofullyearprofits.VolkswagenreportedinitsthirdquarterfinancialdisclosurethatUStariffsonimportedvehiclesstoodat800billioneuros(1 billion, with the 2025 tally ballooning to an amount that could eat heavily into full-year profits. Volkswagen reported in its third quarter financial disclosure that US tariffs on imported vehicles stood at 800 billion euros (925 million), with its total tariff blow through the first nine months of the year totaling 2.1 billion euros ($2.44 billion). "Group operating margin is 5.4 percent — at first ...