The Volkswagen Group will continue with significant restructuring efforts in order to remain competitive after recording what its financial boss called an “unsustainable” drop in profits for the first nine months of 2025.
The German giant, whose brands include Audi, Porsche and Volkswagen, posted a 58% drop in profits to €5.4 billion (£4.8bn), down €7.4bn (£6.5bn) year on year, leaving it with a pre-tax profit margin of 2.3%.
“This is not sustainable for our business model, in particular in light of the ongoing volatile political situation and market environment,” CFO Arno Antlitz told journalists on Thursday morning.
