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

The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.

Der Autohersteller Volkswagen kappt seine Prognose wegen der US-Zölle. Sie allein schlugen in der ersten Jahreshälfte mit 1,3 Milliarden Euro zu Buche.