The Volkswagen Group is eyeing heavy cost cuts across its organisation – including the axing of 50,000 jobs – after its operating margin for 2025 fell to just 2.8%, which bosses have said is "not sufficient in the long run".
That figure, equivalent to €8.9 billion of total revenues, is a huge 53% down on 2024's €19.1bn – a downturn the German giant attributes primarily to the impact of US trade tariffs, exchange rate fluctuations and the costs associated with significantly rewriting Porsche's future product and investment strategy.
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