Volkswagen Posts Better-Than-Expected Cash Flow, Liquidity
By Mauro Orru
Volkswagen reported better-than-expected net cash flow and net liquidity in its automotive division for last year, citing lower working capital and lower-than-anticipated capital expenditure and research-and-development investments.
The German carmaker said on Wednesday that its automotive business generated net cash flow of roughly 6 billion euros ($7.04 billion) in 2025, according to preliminary figures, compared with 5 billion euros a year earlier. The metric is above company expectations of around breakeven net cash flow.
The company also said net liquidity in the automotive division increased to more than 34 billion euros at the end of the year from 31 billion euros at the end of September, above company expectations of around 30 billion euros.
Meanwhile, Volkswagen said its investment ratio for the year is at around 12% of sales in the automotive division.
The company is scheduled to report its full set of 2025 results on March 10.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
January 21, 2026 13:29 ET (18:29 GMT)
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