Volkswagen, Hit by Tariffs, Reports $1.5 Billion Loss and Warns of Chip Shortage

NYT — TechnologyThursday, October 30, 2025 at 6:12:38 PM
Volkswagen, Hit by Tariffs, Reports $1.5 Billion Loss and Warns of Chip Shortage
Volkswagen, Europe's largest automaker, has reported a staggering $1.5 billion loss, primarily due to tariffs and an ongoing semiconductor shortage that threatens to further disrupt production. This situation is significant as it highlights the challenges facing the automotive industry, particularly in the transition to electric vehicles, and raises concerns about the company's ability to recover and maintain its market position.
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