Volkswagen sales sink after US president imposes 27.5pc tax on imported cars
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Volkswagen sales sink after US president imposes 27.5pc tax on imported cars
Volkswagen sales sink after US president imposes 27.5pc tax on imported cars
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Manufacturer cuts profit margin range for year as German car exports to US fall sharply

Carmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry.

Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands

Carmaker’s CEO says Porsche is being squeezed by ‘sandwich’ of tariffs and weak Chinese market

Europe's biggest carmaker posted a sharp drop in second-quarter profit, primarily due to high costs from increased U.S. import…

The German automaker said that the U.S. import duties erased about $1.5 billion from its profit in the first half of the year.

Auto giant Volkswagen cuts guidance as U.S. tariffs hit profit hard