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VW Group Profit Plunges 54% as Tariffs and China Bite
Key Takeaways
- Adjusted operating profit fell 54% to 8.9B euros, missing analyst forecasts
- Porsche profit collapsed 98% as EV strategy stalled and write-downs mounted
- U.S. tariffs and Chinese competition continue to erode margins across VW brands
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DT Editorial Team··4 min read·via autonews.com
