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VW Group takes €1.3bn profit hit from US tariffs in H1 2025

Sales declines in China and North America mean Volkswagen Group recorded a flat H1, with US tariffs eating into operating profit. By Will Girling

Volkswagen Group is the latest automaker to record significant profit dents as a result of US import tariffs. The company’s operating profit for H1 2025 came to €6.7bn (US$7.9bn), down 33% year-on-year (YoY), with tariffs eating €1.3bn.

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