Group 1 - Volkswagen reported a significant decline in Q2 profits and lowered its full-year guidance due to rising costs from U.S. tariffs imposed by President Trump, impacting the profitability of its Audi and Porsche brands [1] - Q2 revenue for Volkswagen was €80.8 billion, a 3% year-over-year decrease, while operating profit fell to €3.83 billion, down 29% year-over-year [1] - The company expects a return on sales of 4% to 5% by 2025, down from a previous forecast of 5.5% to 6.5%, primarily due to increased costs of €1.3 billion (approximately $1.53 billion) in the first half of the year from U.S. tariffs [1] Group 2 - Volkswagen is facing pressure to cut costs and improve products amid crises in three key markets, with U.S. tariffs eroding sales and profits of its import-reliant Audi and Porsche brands [1] - The company anticipates flat revenue for the year, down from a previous forecast of a 5% increase, and has also lowered its free cash flow expectations [1] - Other automakers are also facing challenges, with Stellantis appointing a new CEO and Renault searching for a formal CEO, while Volkswagen looks to collaborate with Rivian Automotive and Xpeng Motors to enhance its product lineup [2] Group 3 - Volkswagen's truck transportation division, Traton SE, lowered its performance expectations due to trade tensions, weak economic growth in Europe, and declining orders in Brazil, with adjusted operating performance down 29% in Q2 [2] - Despite challenges, Volkswagen's electric vehicle sales in Europe saw a 73% increase in Q2, driven by strong demand for models like the ID.5, Audi Q4 e-tron, and Skoda Enyaq [2]