Volkswagen AG expects profitability to remain roughly flat this year as the German automaker contends with muted demand in Europe and worsening trade conflicts.
Volkswagen anticipates stable profitability in 2024 despite challenges like weak European demand and increasing trade tensions. They project a 5.5%-6.5% operating margin in 2025 and up to a 5% revenue increase. The company faces pressure to improve performance in China and navigate the transition to electric vehicles amidst stricter pollution targets.
