Agency Report –
German car manufacturer Volkswagen on Wednesday reported an uptick in global deliveries in the first quarter of 2025.
The Wolfsburg-based company delivered some 2.1 million vehicles to customers between January and March, a 1.4% rise compared to the same period in 2024.
The figures suggest a slight recovery for Volkswagen after a 2.3% drop in deliveries in 2024.
However, the company faces difficult times ahead amid US tariffs of 25% on all imports of cars introduced last week.
The core VW brand, which makes up around half of the group’s sales, saw deliveries rise 5% in the first quarter to 1.1 million, while Audi fell 3.4% to 383,400 and Porsche dropped almost 8% to 71,500.
The important Chinese market was a source of concern, with VW delivering only 644,000 vehicles – a 7% fall compared to the first quarter of 2024.
Deliveries in Europe rose 3.7%, while US deliveries surged by 6.2% as customers sought to get ahead of tariffs.
Worldwide, sales of VW electric vehicles jumped by 60% to 216,800, of which 158,000 were in Europe.
