‼️ 🇩🇪 Volkswagen slashed its 2025 outlook for the fourth time, now forecasting just a 1% return on sales versus its previous 4%–5.5% range, as China weakness, restructuring costs and the shift to battery-electric vehicles erode roughly €10 billion in profit. BEV adoption is weighing particularly heavily on Audi and Volkswagen Passenger Cars, while weaker Porsche guidance has prompted Volkswagen to book an approximately €6 billion non-cash impairment charge. The world’s second-largest automaker also faces planned job cuts, fierce Chinese competition in Europe and labor-union resistance to closing underperforming plants.