Volkswagen AG Reports Unexpected 14% Drop in First-Quarter Operating Profit

Deep News04-30 14:20

Volkswagen AG announced on Thursday that its first-quarter operating profit fell unexpectedly by 14% to €2.5 billion (approximately $2.9 billion), impacted by tariff pressures, geopolitical uncertainties, and intense competition from Chinese automakers.

According to a survey conducted by Visible Alpha, analysts had previously anticipated the company's profit to remain largely unchanged at €2.9 billion.

Volkswagen AG's Chief Executive Oliver Blume has pledged that the company will further tighten expenditures. This comes as the automaker has already absorbed billions of euros in tariff costs while also contending with weak demand in both the Chinese and U.S. markets.

By 2030, the Volkswagen Group plans to reduce its workforce in Germany by approximately 50,000 employees.

The Wolfsburg-based company reported first-quarter revenue of €75.7 billion, a decline of 2.5% year-on-year, falling short of analyst expectations of €77.6 billion.

This resulted in an operating profit margin of 3.3% for the first quarter. The company forecasts that its operating margin will reach between 4% and 5.5% by 2026, up from 2.8% projected for 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1104647655?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-30 14:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1104647655","market":"fut","top_or_hot":-1,"title":"Volkswagen AG Reports Unexpected 14% Drop in First-Quarter Operating Profit","media":"Deep News","content":"<p>Volkswagen AG announced on Thursday that its first-quarter operating profit fell unexpectedly by 14% to €2.5 billion (approximately $2.9 billion), impacted by tariff pressures, geopolitical uncertainties, and intense competition from Chinese automakers.</p>\n<p>According to a survey conducted by Visible Alpha, analysts had previously anticipated the company's profit to remain largely unchanged at €2.9 billion.</p>\n<p>Volkswagen AG's Chief Executive Oliver Blume has pledged that the company will further tighten expenditures. This comes as the automaker has already absorbed billions of euros in tariff costs while also contending with weak demand in both the Chinese and U.S. markets.</p>\n<p>By 2030, the Volkswagen Group plans to reduce its workforce in Germany by approximately 50,000 employees.</p>\n<p>The Wolfsburg-based company reported first-quarter revenue of €75.7 billion, a decline of 2.5% year-on-year, falling short of analyst expectations of €77.6 billion.</p>\n<p>This resulted in an operating profit margin of 3.3% for the first quarter. The company forecasts that its operating margin will reach between 4% and 5.5% by 2026, up from 2.8% projected for 2025.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Volkswagen AG Reports Unexpected 14% Drop in First-Quarter Operating Profit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVolkswagen AG Reports Unexpected 14% Drop in First-Quarter Operating Profit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-04-30 14:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Volkswagen AG announced on Thursday that its first-quarter operating profit fell unexpectedly by 14% to €2.5 billion (approximately $2.9 billion), impacted by tariff pressures, geopolitical uncertainties, and intense competition from Chinese automakers.</p>\n<p>According to a survey conducted by Visible Alpha, analysts had previously anticipated the company's profit to remain largely unchanged at €2.9 billion.</p>\n<p>Volkswagen AG's Chief Executive Oliver Blume has pledged that the company will further tighten expenditures. This comes as the automaker has already absorbed billions of euros in tariff costs while also contending with weak demand in both the Chinese and U.S. markets.</p>\n<p>By 2030, the Volkswagen Group plans to reduce its workforce in Germany by approximately 50,000 employees.</p>\n<p>The Wolfsburg-based company reported first-quarter revenue of €75.7 billion, a decline of 2.5% year-on-year, falling short of analyst expectations of €77.6 billion.</p>\n<p>This resulted in an operating profit margin of 3.3% for the first quarter. The company forecasts that its operating margin will reach between 4% and 5.5% by 2026, up from 2.8% projected for 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VLKAY","symbol_name":"大众汽车","start_time":0,"source_url":"","article_id":"1104647655","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104647655","pubTimestamp":1777530031,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Volkswagen AG announced on Thursday that its first-quarter operating profit fell unexpectedly by 14% to €2.5 billion (approximately $2.9 billion), impacted by tariff pressures, geopolitical...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"VLKAY":"大众汽车"},"translate_title":"大众汽车公司报告第一季度营业利润意外下降14%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VLKAY":1},"content_text":"Volkswagen AG announced on Thursday that its first-quarter operating profit fell unexpectedly by 14% to €2.5 billion (approximately $2.9 billion), impacted by tariff pressures, geopolitical uncertainties, and intense competition from Chinese automakers.\nAccording to a survey conducted by Visible Alpha, analysts had previously anticipated the company's profit to remain largely unchanged at €2.9 billion.\nVolkswagen AG's Chief Executive Oliver Blume has pledged that the company will further tighten expenditures. This comes as the automaker has already absorbed billions of euros in tariff costs while also contending with weak demand in both the Chinese and U.S. markets.\nBy 2030, the Volkswagen Group plans to reduce its workforce in Germany by approximately 50,000 employees.\nThe Wolfsburg-based company reported first-quarter revenue of €75.7 billion, a decline of 2.5% year-on-year, falling short of analyst expectations of €77.6 billion.\nThis resulted in an operating profit margin of 3.3% for the first quarter. The company forecasts that its operating margin will reach between 4% and 5.5% by 2026, up from 2.8% projected for 2025.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.1","shortVersion":"4.42.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1104647655","isCrawlerRequest":true}