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flag Volkswagen posted its first quarterly loss in five years, hit by U.S. tariffs and EV transition costs.

flag Volkswagen reported its first quarterly loss in five years, posting a €1.07 billion net loss for Q3 2025, driven by U.S. tariffs, a strategic reversal at Porsche, and electric vehicle transition challenges. flag The German automaker faced €7.5 billion in charges, including a €5 billion annual cost from 15% U.S. tariffs on EU car exports and a €5.1 billion hit from Porsche’s delayed EV shift and asset writedowns. flag Despite a 2.3% revenue rise to €80.3 billion, Volkswagen maintained its full-year guidance, projecting a 2-3% operating return on sales and near-zero net cash flow in its automotive division.

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