Audi Blames Trump, Tariffs hit causes Audi’s 2025 operating profit to falls 14%

Audi Group’s operating profit fell 14% to €3.37 billion in fiscal year 2025 as U.S. tariffs stripped €1.2 billion from its results, even as revenue rose and fully electric vehicle deliveries surged 36%.

The carmaker, a unit of Germany’s Volkswagen Group, said revenue climbed to €65.50 billion from €64.53 billion, driven by a higher share of electric models and intragroup Cupra vehicle sales. The operating margin narrowed to 5.1% from 6%. Net cash flow rose 11.4% to €3.42 billion.

“The US tariffs in particular had a significant impact on us,” chief financial officer Jürgen Rittersberger said. Additional charges came from CO2 compliance provisions, restructuring costs and the rescheduling of a jointly developed Group electric platform for the D segment. Profit after tax rose to €4.62 billion from €4.19 billion.

The Audi brand delivered 1,623,551 cars, down from 1,671,218 in 2024. Fully electric deliveries rose to 223,032 units from 164,480, with the Q6 e-tron accounting for approximately 84,000 units and the A6 e-tron approximately 37,000 units. Monthly deliveries exceeded prior year figures every month from September through December.

Lamborghini’s operating margin fell to 24% from 27% despite deliveries edging up to 10,747 vehicles. Bentley’s margin dropped sharply to 8.3% from 14.1% as deliveries fell to 10,131 cars. Ducati’s margin declined to 5.6% from 9.1% on 50,895 motorcycles delivered.