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The worker conducts the final check on the new electric vehicles of Volkswagen ID.3 at the Volkswagen plant on May 14, 2025 in Germany in Dresden.
Sean Galop | Getty Images | Gets the image
Germany Volkswagen On Friday, full recommendations were reduced and reported on a sharp drop in the second quarter when the auto giant moves the devastating impact of the tariffs in the US.
The largest in Europe has outlined the operating profit of 3.83 billion euros (4.49 billion dollars) for three months to June, which is 29% compared to 5.4 billion euros.
Analysts have expected the profit in the second quarter would bring 3.94 billion euros, according to a consensus consisting of Factset.
Volkswagen reported the sales in the second quarter of 80.8 billion euros, and there are not enough expectations of analysts at 82.2 billion euros.
In the long -awaited estimate of tariffs in the US, Volkswagen said that its operating profitability from sales in 2025 is from 4% to 5%, which is 5.5% compared to the previous forecast.
Full -year sales are expected to also match the level reached last year, compared to up to 5% earlier.
The results come as automakers in Europe struggle To get to a number of industry problems, including reliable competition from Chinese brands and US president Donald TrumpImports are 25%.
“Our six months have been a contrast picture: on the one hand, we have achieved a strong success and have made progress in the re-dispatching company,” Arno Antlitz said in a statement, Volkswagen’s chief financial director.
“On the other hand, the results of the work decreased by the third year by the year, and because of the higher sales of all electric models with low margin levels. In addition, increased tariffs for imports in the US and restructuring measures,” he said.
Basic Basic Revenues:
- Volkswagen reported 80.8 million car sales three months to June, which is 3% compared to the same period ago.
- To order the reception of vehicles in Western Europe in the first half of the year, increased by 19%.
- The company said it expects that in its automotive division the investment ratio in full year is from 12% to 13%.
The automotive sector is widely regarded as an acutely vulnerable for US tariffs, especially given the high globalization of supply networks and great dependence on production operations across North America.
The new electric Volkswagen ID.3 is preparing to undergo a final check at the Volkswagen plant on May 14, 2025 in Germany in Dresden.
Sean Galop | Getty Images | Gets the image
Trump has recently threatened to gather car dealerships in the EU up to 30% since August 1, Expanding the pressure On the trade block of 27 nations. The European Commission, the EU Executive Hand, has since been Given his answer.
Volkswagen said that 27.5% would continue to be used in the second half of the year, noting that “high uncertainty” against trade policy.
Extensions of sales EV
Rico Luman, the senior economist of the Transport and Logistics Sector at the Dutch Bank of Ing, said it was encouraging that Volkswagen was able to increase his sales of electric cars “quite significantly”, especially in the native market of Europe.
“Yes, they are struggling to keep up with the export market, but at least () the home market is currently running. They are increasing EV sales. It now gets 11% at the world level of sales – and in Europe it is already much more,” said Lyuman “CNBC” “Europe Early edition“Friday.
“They might have benefited Have deteriorated sales tesla But still, it is still very good, ”he added.
Volkswagen reported sales growth in the first half in 19% in South America, 2% in Western Europe and 5% in Central and Eastern Europe. The company stated that this was more than a decrease in 3% in China and, first of all, from the tariffs – for 16% of the immersion in North America.
The company stated that in the first half of 2025 in the first half of 2025 in the first half of 2025 increased by 62%.
– Jenny Reed in CNBC contributed to this report.
