VW Shares Dip on Lowered 2025 Forecast Following Porsche Strategy Shift
WOLFSBURG, Germany – September 20, 2025 – Volkswagen shares fell sharply today, dropping 2.62% to €94.98 in post-market trading, after the company significantly lowered its 2025 return on sales forecast and revised cash flow expectations. The downturn follows a strategic realignment at Porsche, in which VW holds a substantial stake, and adjustments to a vehicle project.
VW now anticipates a return on sales of only 2 to 3 percent in 2025, a substantial reduction from previous expectations of 4 to 5 percent. The company also forecasts net cash flow in the Automobile Group area to be around €0 billion, down from a prior estimate of €1 to €3 billion. Net liquidity is now projected at approximately €30 billion, compared to a previous forecast of up to €33 billion. Group sales forecasts remain consistent with the previous year’s levels.
the revised outlook is largely attributed to changes at Porsche, which recently announced plans to offer its new SUV series above the Cayenne with both combustion engine and plug-in hybrid options, despite initial plans for a fully electric model. This shift resulted in a non-cash value adjustment of around €3 billion for VW.
Further impacting VW’s 2025 results is a one-time effect of approximately -€2.1 billion on the operational result, stemming from the adaptation of a vehicle project following Porsche’s lowered annual forecast. In total, these factors represent a €5.1 billion burden on VW’s operating result for 2025.
Despite the lowered profitability forecast, VW maintains its existing sales projections.
Source: Dow jones Newswires / Finanz.at (link provided in original text: https://www.finanzen.at/aktien/volkswagen_vz-aktie)
