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2025-07-30 10:35:52
Audi's profits fell by over 30% in the first half of the year, with US tariffs hitting German automakers hard. As Germany's most representative pillar industry, the automotive industry has been particularly impacted by US tariffs. German automaker Audi released its first-half 2025 financial report on the 28th, showing a 37.5% year-on-year decrease in after-tax profits of 1.346 billion euros in the first half of the year. Audi's Chief Financial Officer, Jürgen Rittersberger, cited increased US tariffs and restructuring costs as the primary reasons for the profit decline. He noted that US tariffs have already cost the company approximately 600 million euros. Audi's global vehicle deliveries fell by approximately 6% year-on-year in the first half of the year. Tariffs have also severely impacted the cash flow of German automakers. The Financial Times, citing a report on the 28th, reported that due to US tariffs and other factors, Germany's three major automakers could see a 10 billion euro reduction in cash flow this year. (CCTV Finance)
