Weak demand and restructuring drag down VW’s 2024 results
VW Group's actual result for 2024 was slightly ahead of its twice-downgraded forecast but it was a weak year for the company as it was hit by higher fixed costs and restructuring, with Audi particularly badly hit. The company anticipates another tough year in 2025, with many of the adverse factors being outside its control. … Continued The post Weak demand and restructuring drag down VW’s 2024 results appeared first on Automotive World.
VW Group's actual result for 2024 was slightly ahead of its twice-downgraded forecast but it was a weak year for the company as it was hit by higher fixed costs and restructuring, with Audi particularly badly hit. The company anticipates another tough year in 2025, with many of the adverse factors being outside its control. … Continued
The post Weak demand and restructuring drag down VW’s 2024 results appeared first on Automotive World.
