Transportation
VW Beats on Auto Cash Flow After Reduced EV Spending
Vehicles inside an Autostadt Delivery Tower at the Volkswagen AG headquarters in Wolfsburg, Germany.
Photographer: Krisztian Bocsi/BloombergVolkswagen AG ended 2025 with more cash in its automotive division than forecast as the German carmaker delays projects and investments in an overhaul of its electric-vehicle strategy.
Automotive net cash flow came in around €6 billion ($7 billion) for the full year, above the flat level the company had forecast, VW said late Wednesday. The cash boost lifted net liquidity in automotive to more than €34 billion, up from the roughly €30 billion the company expected.