The German auto giant saw its earnings fall last year, as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.

Volkswagen, Europe's top carmaker, expects at best a slight increase in its 2025 operating profit margin, it said, joining rivals in giving a subdued outlook for the year ahead as the sector battles weak demand and simmering trade tensions.

We're going to hear from all of the sort of different executive suite here at Volkswagen for the different brand heads from the CEO, Oliver Bloomer, and the CFO, Arno Antlitz, who will be speaking to in a little bit a while.