Volkswagen loses $1 billion

Germany’s largest company reported a $1.25 billion loss in its third quarter, a substantial decline from the same time last year and its first loss since 2020. The $53 billion multinational conglomerate attributed the loss to U.S. tariffs, failed transitions to electric vehicles, and Chinese competition. The recent “polycrisis” in the German auto industry has cost tens of billions of dollars and 52,000 jobs between the summers of 2024 and 2025. It is forcing Volkswagen and other manufacturers to seriously consider diversifying into the production of lucrative military equipment. Volkswagen’s ceo publicly entertained the idea in March, raising concerns because the company was founded under and served Adolf Hitler’s Nazi regime, using forced labor to make war machines. For decades, the Trumpet has watched closely the militarization of German industry due to its role in Bible prophecies.