According to reports from local sources in Germany on Saturday, Volkswagen aims to increase the sales profit margin of its automotive division from approximately 2% to 6.5%.
The company stated that this margin goal, which has no set timeline, is part of its broader objective for 2025 to improve the cost structure and performance of its leading auto brands.
Volkswagen’s core operating profit margin was 2.1% for the nine months of 2024.
When adjusted for special items, this figure rose to 3%.
The Volkswagen Group owns other brands such as Porsche, Audi, Skoda and Seat.
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