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Volkswagen CFO: would roughly land in middle of guidance with Japan-style trade deal

ReutersJul 25, 2025 8:12 AM

- Volkswagen finance chief Arno Antlitz said on Friday that a Japan-style trade deal with the United States, with a 15% import tariff, would likely land the company roughly in the middle of its financial guidance for the year.

However, Antlitz told investors that such a deal would need to apply to both Europe and Mexico to match its forecasts, and warned that the longer European negotiators take to clinch a deal, the more currently higher tariffs would weigh on outlook.

"We are already in July, so the longer we go into the second half of the year, the more we tend to the lower end of the guidance," he said.

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