Manufacturer cuts profit margin range for year as German car exports to US fall sharply

GM’s quarterly profit tumble comes a day after Stellantis says it expects $2.7bn loss in first six months of the year.

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

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

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.

Manufacturer cuts profit margin range for year as German car exports to US fall sharply

Volkswagen sales sink after US president imposes 27.5pc tax on imported cars

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

Volkswagen said Friday year-over-year operating profit fell by $1.84 billion in the second quarter as the German automaker navigates the effects of U.S. tariffs

I dazi di Donald Trump sono già costati a Volkswagen 1,3 miliardi di euro. A Wolfsburg, quartier generale della casa automobilistica tedesca, si auspica un accordo il più rapido...