Volkswagen profit drop in first quarter spurs further cuts

Volkswagen must fundamentally overhaul its business as tariffs, geopolitical shocks and weak car demand batter the industry, the carmaker said on Thursday, with a sharp first-quarter profit drop underscoring the urgency.

Black News Black News
Apr 30, 2026 - 08:16
Volkswagen profit drop in first quarter spurs further cuts
Volkswagen must fundamentally overhaul its business as tariffs, geopolitical shocks and weak car demand batter the industry, the carmaker said on Thursday, with a sharp first-quarter profit drop underscoring the urgency.
All The News 24/7