Volkswagen’s premium brand Audi has cut its full-year forecast after reporting a sharp drop in earnings for H1 2025, citing higher U.S. tariffs and restructuring costs. In the first six months of the year, Audi delivered approximately 794,000 vehicles, down nearly 6% YoY. Revenue rose 5.3% to 32.6 billion euros ($37.7 billion). However, operating profit plunged 45% to 1.09 billion euros ($1.26 billion). Net profit declined 37.5% to 1.35 billion euros ($1.56 billion). As a result, Audi lowered its full-year revenue guidance to a range of 65 billion–70 billion euros ($75.2 billion–$81.0 billion), down from the previous 67.5 billion–72.5 billion euros forecast. The company cited disappointing Q2 results, elevated U.S. import tariffs following a July 27 agreement under former President Donald Trump, and intensifying restructuring expenses.