# Volkswagen reported a 4% drop in global deliveries to 2.05 million in Q1, hit by weak China demand and US tariffs.

*business · news · 2026-04-13 · CNBC TV18*

## Key points

- Volkswagen's global deliveries fell 4% in Q1 2024 to 2.05 million units.
- Volkswagen's shipments dropped 15% in China and about 20% in the US in Q1.
- Skoda is preparing to exit the Chinese market as buyers shift to local EVs.
- Volkswagen is partnering with Xpeng and SAIC to develop China-specific electric vehicles.

**Companies:** Volkswagen AG, Mercedes-Benz Group AG, BYD Co., Geely Automobile Holdings Ltd., Xpeng Inc., SAIC Motor Corp.
**Countries:** China, United States, Germany

[Read the full story on CNBC TV18](https://www.cnbctv18.com/auto/volkswagen-q1-sales-fall-4-as-china-slump-and-us-tariffs-hit-deliveries-ws-l-19886059.htm)

---

Canonical: https://newsio.io/n/370edfdb-d358-44f4-8181-50fa367eaf33/volkswagen-reported-a-4-drop-in-global-deliveries-to-2-05-million-in-q1-hit-by-w
Summarized by Newsio from CNBC TV18. https://newsio.io/how-it-works