WOLFSBURG (Germany), March 10 (Bernama-dpa) -- Profit at Volkswagen Group almost halved last year as costs linked to strategy changes at its sports car unit and United Stated (US) tariffs weighed on results, German Press Agency (dpa) reported.
The German carmaker, Europe's largest, said on Tuesday that net profit after tax fell about 44 per cent to €6.9 billion (US$8 billion) in 2025 from €12.4 billion a year earlier. Revenue slipped 0.8 per cent to around €322 billion.
Performance improved toward the end of the year compared to the first nine months of 2025. In the third quarter, the group had reported a loss of more than €1 billion.
The setback was largely driven by charges at subsidiary Porsche linked to a strategy shift that extended the life of combustion-engine models, which also affected the parent group's results. Additional costs stemmed from US tariffs.
Vehicle deliveries also edged lower. The group delivered 8.98 million vehicles across all its brands worldwide in 2025, down 0.5 per cent from the previous year. Deliveries in Europe rose slightly, but that increase was not enough to offset declines in China and North America.
-- BERNAMA-dpa
