The brand new Volkswagen ID. EVERY1 is displayed in the course of the presentation in the course of the presentation of the Volkswagen ID. EVERY1 on March 5, 2025 in Dusseldorf, Germany.
Andreas Rentz | Getty Photographs
German autos large Volkswagen reported a 15% year-on-year drop in annual working revenue on Tuesday, citing growing prices and “extraordinary bills” related to its restructuring technique.
It posted a income of 324.7 billion euros ($352.8 billion) in full-year 2024, up from 322.3 billion euros final 12 months. The automaker mentioned it expects gross sales income to exceed the earlier 12 months’s determine by as much as 5% in 2025.
This breaking information story is being up to date.
