The automotive giant's profit halved in 2025 to 6.9 billion euros, the lowest figure since the 2016 Dieselgate scandal. Volkswagen attributes the decline to US tariffs and unforeseen restructuring costs. The German group also announced plans to cut 50,000 jobs in Germany by 2030. While revenue remained stable at 321.913 billion euros and vehicle sales were steady at 9.022 million units, operating profit dropped by 53.5%. The Seat and Cupra brands saw their operating profit plummet by 99.8% due to tariffs on the China-produced Cupra Tavascan and rising production costs, despite an increase in turnover. CEO Oliver Blume stated that a new beginning for the group is underway, while CFO Arno Antlitz noted that 2025 was marked by geopolitical tensions and intense competitive pressure. The company proposed a dividend of 5.26 euros for preferred shares and 5.20 euros for ordinary shares, a 17% decrease from 2024.