Volkswagen expects 5.5-6.5% operating profit margin in 2025 Outlook does not factor in impact of possible US tariffs Expanding EV, battery production to weigh on costs Operating margin of 5.9% in ...

BERLIN, March 11 (Reuters) - Volkswagen plans to lay off 1,600 staff at its Cariad software unit by the end of the year, the Handelsblatt business daily reported on Tuesday, citing company sources.

There’s a lot riding on the forthcoming Volkswagen ID.1, previewed here with the newly revealed Volkswagen ID.EVERY1 Concept. For a start, it’s a small electric car intended to expand the EV market ...