By Iain Gilbert
Date: Friday 25 Jul 2025
(Sharecast News) - German automotive giant Volkswagen lowered FY guidance on Friday as it said Q2 profits had fallen, principally due to elevated costs stemming from Donald Trump's so-called "reciprocal" tariffs.
Volkswagen reported a 29% year-on-year drop in operating profits to €3.83bn euros as Q2 sales revenues of €80.8bn fell short...
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