German Auto Giant Volkswagen posts 37% discount in the first quarter

German Auto giant Volkswagen On Wednesday, in the first quarter, Karmover said it was an important decline in the first quarter as navigation pervert Tariffs in the global automotive industry in the United States.

Europe’s largest karmey player, 2.9 billion euros for the first three months of the year, the operating profit ($ 3.3 billion) in the first three months of this year ($ 3.3 billion).

Volkswagen reported sales revenues in the first quarter of 77.6 billion euros in the first quarter of 77.6 billion euros in the first quarter of 2024. The company received sales in higher vehicles in the markets under the growth.

Before this month, Volkswagen notier In this first quarter, the operating profit will probably enter 2.8 billion euros, inducing special effects in 1.1 billion euros.

On April 9, in the statement of an advertisement, the results of the first quarter of the company deviated a significant amount of about 4 billion euro analytical expectations.

“As expected, the Volkswagen group experienced a mixture for the financial year,” Arno Antlitz, General Financial Officer and Chief Operating Officer at the Volkswagen Group.

“Given the current changing global economic situation, it is more important to focus on the goals in the controls. This means that the competitive value base – can ensure success in fast-changing global markets,” said Antlitz.

The other first quarter points included:

• Volkswagen said that in the first three months of the year, 2.1 million vehicles were sold in 2024 in the same period above 0.9%.
• In Western Europe, the order admission in the first quarter for vehicles increased by 29% compared to the previous year.
• The net cash flow came before the previous year, -0.8 billion euros.

Volkswagen sent the transaction profit 4.59 billion euros For the first quarter of 2024 and 6.15 billion euros For the three months of 2024.

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Volkswagen’s shares decreased by 0.4% by earning earnings from the beginning of the day.

The sector is known to be acutely sensitive Trump’s back and forward trade policy, especially the high globalization of supply chains and heavy confidence in the production operations over North America.

Tuesday Trump The executive signed the order Lighten some automatic tariffs that give some flexibility to the global sector.

25% of vehicles imported to the United States will continue, but new measures are the import of vehicles with a result of individual balances, such as the assessment of steel and aluminum as an additional 25% tariff.

At the request of the latest White House, additional 25% tariffs will still come into force in the car parts, which began until May 3, but the transport vehicles passing through the last parliament have been in part in partially compensation for two years.

– CNBC’s Michael Wayland & Michele Luhn contributed to this report.