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Volkswagen’s Q3 woes: Tariffs, Porsche’s ICE bet, slim EV profits
Yahoo Finance· 2025-11-04 20:00
This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. U.S. tariffs and restructuring cost have hit Volkswagen Group’s bottom line by about €1.3 billion ($1.5 billion) in the third quarter of 2025, CFO and COO Arno Antlitz told investors during the automaker’s Q3 earnings presentation. The ongoing extra trade charges added to other headwinds including lower margins on electric vehicle production and Porsche’s forced switch ba ...