Volkswagen Q2 deliveries rise slightly despite drop in US demand, ET Auto

Volkswagen saw a 1.2per cent gain in global sales volumes in the second quarter despite a drop in U.S. demand and ongoing tariff uncertaintythanks to strong uptake in its all-electric offering in Europe, the carmaker said on Wednesday.

Year on year, the German auto giant’s sales edged up 1.2per cent in the second quarter, with 2.27 million vehicles delivered, according to the company.

The company reported sales growth in all markets except for North America and Western Europe, where deliveries fell by 16.2percent and 0.7per cent, respectively.

German carmakers are pushing for a deal with President Donald Trump to replace a hefty 25per cent tariff on car and car part imports to the United States that is weighing on demand in their key market.

Volkswagen’s all-electric sales were up 38per cent in the second quarter globally, and by as much as 73per cent in Europe.

“We need to further strengthen this positive development by continuing our successful model offensive,” Volkswagen sales executive Marco Schubert said.

“Overall, we were able to slightly increase our global deliveries by the end of June despite challenging conditions,” he added.

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETAuto industry right on your smartphone!