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Volkswagen profits almost halve in 2025 (p.dw.com)

submitted 5 months ago by schizoidman@lemmy.zip to c/europe@feddit.org

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In its annual figures, the company said that earnings fell from €12.4 billion ($14.45 billion) to €6.9 billion year on year.

Volkswagen CEO Oliver Blume said the VW Group would cut "around 50,000 jobs by 2030" across Germany.

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[–] Buffalox@lemmy.world 2 points 5 months ago

The upcoming ID Polo will almost guaranteed be a major hit in my country. if what VW promises is true.
Being a cheap quality EV with good range.

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