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Volkswagen Group vehicle deliveries fell in the first quarter as growth in Europe failed to offset declines in the U.S. and China.
Volkswagen Group's global vehicle deliveries fell 4% year-on-year to 2.05 million in Q1.
KEY POINTS
- Deliveries in China dropped 15%, but Volkswagen slightly increased its market share there.
- U.S. deliveries declined 21%, impacted by tariffs and the end of EV and hybrid tax incentives.
- Disruptions from the Middle East conflict have not significantly affected Volkswagen's overall deliveries.
COMPANIES
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