<ul><li>Volkswagen Group's Cariad software division recorded an operating loss of $2.64 billion in 2024.</li><li>Cariad had $1.44 billion in sales revenue, but the operating result was worse than the previous year.</li><li>Cariad's operating losses have been increasing since 2022, totaling over $7.5 billion, while revenue was nearly $3.5 billion.</li><li>Volkswagen Group plans to lay off 1,600 people at Cariad by the end of the year.</li></ul>

VW Group’s Cariad Software Division Had A Bad Year. Again

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