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New ID Volkswagen. Each1 is displayed during the presentation during the Volkswagen ID presentation. Each1 on March 5, 2025 in Dusseldorf, Germany.
Andreas rentz | Gets the image
German gigantic Volkswagen It is reported about the fall of the annual income by 15% a year on Tuesday, citing an increase in expenses and “unusual costs” related to its perestroika strategy.
In 2024, it amounted to 324.7 billion euros (352.8 billion), which compared to 322.3 billion euros last year. The carmaker said he expects the sales income to exceed the previous year to 5% in 2025. He also predicts that his operating profitability, which reached 5.9% in 2024, will reach 5.5% and 6.5% this year.
The company reported the drop in car sales by 3.5% by 2024, but made a “solid results in a difficult setting”.
On Tuesday, Volkswagen shares were 1.9% higher at 8:44 in London.
The company said it offers a dividend of 6.30 euros for a regular action and 6.36 for the prevailing share at the annual general meeting in May – 30% decreased by 30% compared to last year.
The Autos Volkswagen department ended 2024 with a net liquidity of EUR 36 billion, which is 10.5% compared to last year. The company said it expects the figure to be from 34 billion euros to EUR 37 billion in 2025, adding that “the group remains the goal to continue its reliable funding and liquidity policy”.
However, he also warned about the upcoming winds.
The company that Previously said CNBC that this would be eligible for temporary exceptions From the new tariffs in the United States, they have stated in their income report on Tuesday that “political uncertainty, increased trade restrictions and geopolitical tensions” create problems this year.
Increasing competition, changing prices for products and rules related to emissions, also create problems.
“We already feel an American company”
Speaking in front of Annette Weisbach CNBC on Tuesday, Volkswagen’s Chief Financial Director Arno Antlitz said the company “cannot be happy” with its performances as it is currently.
“We have great brands, Porsche, Lamborghini, Volkswagen – we have great products, and we have a global scale,” he said. “And with these prerequisites we must have the opportunity to do more.”
Anthlitz, however, noted that the 2025 forecast “reflects a complex, competitive environment, but also the company and industry in the transition period.”
“We need to keep our cars with the combustion engine competitive for our customers. We need to invest greatly in electrification, digit. We build up EVS, we build up software,” he said. “Thus, these initiatives they weigh our financial (goals) in 2025, but must give us a tail wind for 2026.”
He added that the company’s strategy was to protect its 25% market share in Europe, maintaining the share in China and the growth of its presence in America.
When it came to the regime of President Donald Trump’s tariffs, Donald Trump, Antlitz said it was too early to say how Volkswagen could affect the activities of Volkswagen.
“We are a world company. We choose open markets, I’m sure you can imagine what we think of tariffs,” he said. “What I can say (this), we already feel the American company-we work a huge factory in Chatonuse (, Tennessee). We use tens of thousands of people in” Volkswagen Group of America “. We create thousands of jobs in South Caroline for scouts.
