tiprankstipranks
Advertisement
Advertisement

Volkswagen reports 2.05M vehicles delivered globally in Q1

Down 4% from previous year deliveries of 2.13M vehicles.”The first quarter of 2026 was once again characterized by very challenging economic and geopolitical conditions. The worldwide automotive market declined overall through the end of March. Nevertheless, the Volkswagen (VWAGY) Group largely maintained its global market share compared to the same period last year. Our delivery figures in Europe continued to show a positive trend. Here, we once again posted growth and also increased the share of all-electric vehicles. In China and the U.S., the total market declines also affected our deliveries. Although the war in the Middle East has so far led to disruptions in the directly affected markets, this has not had a significant impact on the Volkswagen Group’s overall deliveries. For the coming months, we expect further positive momentum from key new models such as the Electric Urban Car Family in Europe and new locally developed electric models in China,” said Marco Schubert, Member of the Group’s Extended Executive Committee for Sales.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1