Volkswagen stung by nearly $1B tariff hit, projects $5.8B import tax for the year

German auto giant Volkswagen's (VWAGY) tariff hit in the third quarter hurt the bottom line by nearly $1 billion, with the 2025 tally ballooning to an amount that could eat heavily into full-year profits. Volkswagen reported in its third quarter financial disclosure that US tariffs on imported vehicles stood at 800 billion euros ($925 million), with its total tariff blow through the first nine months of the year totaling 2.1 billion euros ($2.44 billion). "Group operating margin is 5.4 percent — at first ...