Volkswagen: Operating Profit Collapses by More Than 40% in Q1 2025!

As the Wolfsburg-based car manufacturer announced yesterday evening, the operating profit amounts to only €2.8 billion. In contrast, revenue increased by 3% to €78 billion. Just on Wednesday morning, Volkswagen had reported a positive development in sales figures. In the first quarter, Europe's largest car manufacturer was able to deliver 1.4% more cars to its customers than in the same period last year. This increase is primarily due to a nearly 60% rise in the number of electric cars sold. Volkswagen sold 150,000 electric vehicles worldwide,...