Auto giant Volkswagen cuts guidance as U.S. tariffs hit profit hard
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最新报道：Volkswagen reported a 29% decline in second-quarter profit, attributing the drop to significant tariff impacts and weaker demand in key markets. The German automaker's operating profit fell to €3.2 billion ($3.5 billion) from €4.5 billion a year earlier, missing analyst estimates. CEO Oliver Blume cited rising trade barriers and supply chain disruptions as major challenges, particularly affecting sales in China and North America. The company maintained its full-year outlook but warned of ongoing economic uncertainties. Volkswagen shares dropped 3.5% following the earnings release, reflecting investor concerns over global trade tensions and slowing EV adoption rates.
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