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Volkswagen cuts 2025 forecast after U.S. tariffs slash €1.3 bn from earnings

Volkswagen cut its 2025 forecast after U.S. tariffs slashed €1.3 billion from profits, but strong EV demand and European sales offer signs of recovery.

04:33

Volkswagen

Volkswagen cuts 2025 forecast after U.S. tariffs slash €1.3bn from earnings

Volkswagen cut its 2025 forecast after U.S. tariffs slashed €1.3 billion from profits, but strong EV demand and European sales offer signs of recovery.

Tesla's UK car sales slump over 45% in May amid political backlash

13:00

Markets

Tesla's UK car sales slump over 45% in May amid political backlash

Tesla’s car sales in the UK plummeted by over 45% in May 2025, as growing political backlash and stronger competition impact the brand’s market share despite a booming electric vehicle sector.

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Volkswagen cuts 2025 forecast after U.S. tariffs slash €1.3 bn from earnings

Volkswagen cuts 2025 forecast after U.S. tariffs slash €1.3bn from earnings

Tesla's UK car sales slump over 45% in May amid political backlash

Volkswagen cuts 2025 forecast after U.S. tariffs slash €1.3 bn from earnings