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Volkswagen posts 15% fall in annual profit amid restructuring, expects revenue to rise in 2025

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Summary
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74% Informative

German autos giant Volkswagen reported a 15% year-on-year drop in annual operating profit on Tuesday .

It posted a revenue of 324.7 billion euros ( $352.8 billion ) in full-year 2024 , up from 322.3 billion euros last year .

The automaker said it expects sales revenue to exceed the previous year's figure by up to 5% in 2025 .

VR Score

80

Informative language

82

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59

Article tone

informal

Language

English

Language complexity

53

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not offensive

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short-lived

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