Affected by the US tariff policy, German Volkswagen's losses in the first half of the year were about $1.5 billion.

On July 25th local time, the Volkswagen Group of Germany stated that US President Trump's tariff policy caused the company losses of approximately $1.5 billion in the first half of 2025, with North American sales plummeting by 16%. In addition, the company warned that factors such as "political uncertainty, expanding trade restrictions, and geopolitical tensions" will bring further "challenges".