Volkswagen's finance chief, Arno Antlitz, has sounded the alarm for the embattled automotive giant, warning that the industry is facing unprecedented challenges. In a stark assessment of the current landscape, Antlitz has stated that the company must undergo a fundamental transformation to survive. Rising tariffs, geopolitical tensions, and sluggish car demand are all taking a toll on the sector, forcing Volkswagen to rethink its business model. As the automotive industry grapples with these headwinds, investors and analysts will be watching closely to see how the German giant responds to this call for change.
VW's finance chief Arno Antlitz said the automaker must fundamentally overhaul its business as tariffs, geopolitical shocks and weak car demand batter the industry.
