Volkswagen
“AExtremely challenging MBInte. ”Audi, Lamborghini, Bentley and Ducati reduced operating profit by 45%, Porsche fell 71.3%. Group Guilt of Europe and US president’s protectionist policy.
The automotive group Volkswagen obtained a net income attributable in the first half of 4005 million euros, a It remains 36.6% Given the same period of the previous year, the German company announced this Friday.
Volkswagen (VW) attributes these results to restructuring costs and investments to meet CO2 regulatory goals in Europe. That of US President Donald Trump has affected the group’s results, and so far the US car tariffs have cost Volkswagen about 1,300 million euros.
The automotive group to which the brands VW, Audi, Porsche, Seat and Cupra now have now reviewed its profitability and billing forecasts for this year, assigning responsibility to the bad results from Porsche and Audi.
Volkswagen revenues remained in the first half, settling at 158,364 million euros (less 0.3% compared to the previous year).
“The Volkswagen group kept their position in a extremely challenging environment”The group’s Executive Chairman (CEO), Oliver Blume, considered it presenting the balance of the first half.
The Volkswagen group maintains a solid liquidity position with 28,387 million euros at the end of June.
“Our sales numbers remain stable in a competitive global market, In Europe, we expanded our leadership position in electric mobility, with a 28%market share, And the orders of orders are still very complete, ”added Blume.
The group delivered to customers in the first semester 4.405 million units, 1.3% more than the previous year.
E Order portfolio in Europe grew 19% In the first half and fired 62% in the case of electric vehicles.
However, the Operational result worsened between January and June to 6,707 million euros, 32.8% lower The previous year, so operational profitability on sales dropped to 4.2 % (6.3 % in the first half of 2024).
The group also had high restructuring costs, and the VW brand will cut 35,000 jobs, Audi 7,500 and Porsche 1,900 in Germany.
The Volkswagen brand improved the operating result in the first half to 1.103 million euros (+20.3 % over the previous year), but Seat and Cupra reduced it to 38 million euros (-90.6 %).
A Audi, a lamborghini, a benley ea ducati reduced their operating profit to 1,087 million euros, a It remains 45%. I and Porsche had a more pronounced fall in the order of 71,3% to 832 million euros.
A Tratonwhich groups the commercial vehicles of the Man, Scania, International and VW Truck & Bus group, also lowered operating profit to 1,245 million euros (-39.3 %) due to the fact that US tariffs reduce goods transport in the country and, consequently, new truck orders.
Its subsidiary of ‘software’ Cariad suffered a loss of 1,172 million euros in the first half (loss of 1,182 million euros a year earlier).
