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Volkswagen Group announces first-half results…Growth in Latin America and Europe amid slowdown from China

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Kim gyeong-soo

*This content was translated by AI.

(Munich, Reuters=NEWS1) Reporter Kang Seo-yeon = Oliver Blume, CEO of Volkswagen Group, is seen conversing with reporters at the press and media day of the IAA Motor Show held on the 8th (local time) in Munich, Germany. September 8, 2025. © Reuters=NEWS1 Copyright © NEWS1. All rights reserved. No unauthorized reproduction, redistribution, or use for AI training allowed. /Photo=NEWS1) Reporter Kang Seo-yeon
(Munich, Reuters=NEWS1) Reporter Kang Seo-yeon = Oliver Blume, CEO of Volkswagen Group, is seen conversing with reporters at the press and media day of the IAA Motor Show held on the 8th (local time) in Munich, Germany. September 8, 2025. © Reuters=NEWS1 Copyright © NEWS1. All rights reserved. No unauthorized reproduction, redistribution, or use for AI training allowed. /Photo=NEWS1) Reporter Kang Seo-yeon

Volkswagen Group announced that it delivered a total of 4.13 million vehicles globally in the first half of 2026, a 6% decrease compared to the same period last year (4.41 million units). Regions showing growth included Latin America (+8.3%), Western Europe (+2.9%), and Central/Eastern Europe (+7.2%). However, a sharp 25.9% drop in deliveries in the Chinese market led to an overall decline in global performance. North America saw a 3.1% decrease on a first-half basis but rebounded with a 7.7% increase in the second quarter. By brand, Skoda rose by 9.1% and Volkswagen Commercial Vehicles increased by 7.1%, while Volkswagen Passenger Cars (-10.9%), Audi (-7.2%), and Porsche (-16.5%) recorded declines.

Global deliveries of pure battery electric vehicles (BEVs) totaled 438,500 units, a 6% decrease compared to the same period last year. This was due to an 68.8% sharp drop in the U.S. market and a 47.9% decline in China, both resulting from tariff hikes and the expiration of subsidies. In contrast, the home market Europe saw BEV deliveries rise by 8.4% year-on-year to 377,000 units, expanding its electric vehicle market share in Western Europe to 21%. Notably, new urban EV family models such as the Volkswagen ID. Polo and Skoda Enyaq secured over 54,000 initial orders, driving a more than 50% increase in BEV orders in Europe compared to the end of last year. The best-selling BEV models in the first half were the Skoda Elroq (59,900 units) and the Volkswagen ID.4/ID.5 (53,700 units).

Volkswagen EV / Photo provided by Volkswagen Group
Volkswagen EV / Photo provided by Volkswagen Group

Growth was also notable for diversified eco-friendly models. Global deliveries of plug-in hybrid electric vehicles (PHEVs) and extended-range electric vehicles (EREVs) reached 246,000 units, a roughly 27% increase year-on-year, driven by rising demand for modern second-generation powertrains. In particular, the group's first EREV model, 'ID. ERA 9X', has received positive responses after surpassing 10,000 initial deliveries in China.

Despite regulatory challenges and market slowdowns in China and the U.S. during the first half of the year, Volkswagen Group is responding to regional market demands through its firm leadership in the European EV market and diversification of its PHEV and EREV lineup.

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*This content was translated by AI.

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