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Volkswagen faces €1 billion loss as tariffs, Porsche hit earnings
short by / on Thursday, 30 October, 2025
Volkswagen reported 1.07 billion euros quarterly loss, its first in five years, as US tariffs, Porsche's electric shift issues, and China's competition weighed on profits. The German automaker faces added pressure from a global chip shortage and costlier trade barriers, though revenues rose slightly to 80.3 billion euros amid global market challenges.
read more at Asianet Newsable