The Vox Wagon Group has reported its second quarter financial results, and this is not good news. From April to June, the operating profit declined by 29.4 %, in which the automated makers face pressure from the new US revenue. During the first six months of the year, his company cost $ 1.3 billion (today’s exchange rate of $ 1.5 billion).
Automotive Dev faces many obstacles in the upper part of the revenue, which includes competition in China and regular uncertainty as it has tried to reduce costs. Porsche sales decreased by 6.0 % in the first half of 2025, while Audi sales declined by 5.9 % during the same period. However, the gross sales of the group increased by 0.5 %, which increased from 4.34 to 4.36 million vehicles.
Despite steady sales, the VW group is desperate to implement its cost cutting measures because it assumes that revenues are not temporary. The car maker said he expects 27.5 % tariff to remain intact for the rest of the year, which will reduce the company’s profit. VW Group CFO and COO, Arno Antlets, said revenue and reorganization costs have had a “negative impact”.
US President Donald Trump has threatened that he will raise tariffs on Europe by 30 %, but the automaker hopes that the European Union and the United States will reach the deal, which can allow them to be 10 to 15 percent. Trump recently signed an agreement with Japan to reduce the proposed tariff by 25 to 15 percent, so a low rate is possible for Europe.
Until then, however, the VW group and other car makers have revealed how much they are spending on their rates. General Motors said it would cost $ 1.1 billion on additional duties, while Stellats said the company cost $ 300 million.
