By Dominic Chopping
Volkswagen delivered slightly fewer cars last year as the automaker was hit by trade disruption from U.S. tariffs and intense competition in China.
Volkswagen, which houses a stable of brands that includes VW, Audi and Porsche, among others, said its group car deliveries fell 0.5% on year to 8.98 million in 2025, with deliveries in China down 8% to 2.69 million cars.
German peers BMW and Mercedes-Benz have also in recent days reported sales figures that highlighted the challenging Chinese market.
Meanwhile, Volkswagen group deliveries fell 4.9% on year in the fourth quarter, again as sharp drops in China and North America offset gains in all other regions.
"The intense competitive situation in China, as well as tariffs and the discontinuation of electric vehicle subsidies in the U.S. have impacted our business," said Marco Schubert, member of the Volkswagen Group's extended executive committee for sales.
"On the other hand, we have further expanded our strong position in Europe despite new competitors."
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
01-12-26 0852ET
