Volkswagen Group's Financial Highlights

In a remarkable display of resilience, Volkswagen Group announced a 2.8% increase in its first-quarter revenue for 2025, reaching an impressive €77.6 billion compared to the previous year.

Sales and Production Insights

The automotive giant reported a slight uptick in vehicle sales by 0.9%, totaling 2.1 million units, with customer deliveries growing by 1.4% to 2.13 million. However, the company faced a 3.2% decline in production, producing 2.19 million units.

Operating Profit and Future Outlook

Despite the revenue growth, operating profit took a significant hit, dropping 36.9% to €2.87 billion. This downturn was attributed to special effects amounting to €1.1 billion, a marginally negative price/mix, and increased fixed costs, leading to an operating margin decrease to 3.7% from 6%. Volkswagen remains cautiously optimistic, projecting up to a 5% growth in full-year sales, albeit with warnings of potential lower-end results due to global economic and geopolitical uncertainties.

Arno Antlitz, CFO & COO of Volkswagen Group, highlighted the mixed start to the fiscal year, noting a significant milestone: every fifth car sold in Western Europe is now fully electric, with first-quarter unit sales more than doubling.