The firm now anticipates zero net cash flow in the automotive sector, reduced from its earlier forecast of €1-3 billion.
VW maintains its revenue forecast at €324.7 billion, consistent with last year.
The firm plans to document a goodwill write-off of around €3 billion concerning Porsche AG, in which it possesses a controlling interest, but does not plan to include this aspect in its dividends for 2025.
Additionally, the reduction in its yearly forecast and the alteration in Porsche’s collaborative strategies with Volkswagen will adversely affect VW’s operating profit by around €2.1 billion in 2025.
source: bloomberg.com
