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Volkswagen Reports 15% Profit Drop Amid Restructuring, Eyes Sales Growth in 2025
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Writer / 6 months
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- 1 min read
Volkswagen announced a 15% year-over-year drop in its yearly operating profit, citing rising costs and “extraordinary expenses” tied to its restructuring plan. Despite the decline, the German automaker reported sales of 324.7 billion euros ($352.8 billion) for 2024, a slight increase from 322.3 billion euros the previous year. The company expects sales revenue to grow […]