Volkswagen posted a €1.3 billion ($1.52 billion) operating loss in Q3 due to Porsche's EV strategy reversal and U.S. tariffs
Volkswagen just reported a €1.3 billion operating loss (that's $1.52 billion gone) in the third quarter of 2025. And that, ladies and gentlemen, is the real cost of two punches: Porsche's failed EV gamble and Donald Trump's tariffs still hammering the company like it's 2019 all over again. According to Volkswagen's earnings report, €4.7 billion [...]