Volkswagen Group maintains stable market share in declining global market in Q1

"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 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.”
Marco Schubert, Member of the Group’s Extended Executive Committee for Sales
Key figures
|
2.05 million vehicles global deliveries after three months, down 4 percent from the previous year (2.13 million vehicles) |
|
Growth in South America (+7 percent), Western Europe (+4 percent) and Central and Eastern Europe (+8 percent) partially offset declines in China (-15 percent) and North America (-13 percent) |
|
200,000 vehicles worldwide BEV deliveries through the end of March were down 8 percent from the previous year (216,800 vehicles), growth trend continues in Europe |
|
Volkswagen Group remains the clear BEV market leader in Europe and continues on a growth trajectory (+12 percent), BEV share in Western Europe rises from 19 to 20 percent; BEV total markets in China and the U.S. decline significantly following the expiration of government subsidy programs; ahead of the launch of new, locally developed electric models, Volkswagen Group’s BEV deliveries in China drop by 64 percent; in the U.S., the increased tariffs in effect since April 2025 have an additional impact, leading to an 80 percent decline |
|
Order bank in Europe1 up by around 15 percent compared to the end of 2025 |
|
In particular, attractive new models across all drive types such as the VW T-Roc, CUPRA Terramar, Škoda Elroq, Audi Q3, and Porsche Cayenne Electric are ensuring a rising order intake above the high level of the previous year; order intake across all powertrains rises by 3 percent, while BEV order intake increases by 4 percent |
|
109,000 vehicles global PHEV deliveries up approximately 31 percent year-over-year |
|
Demand is rising for vehicles with modern second-generation plug-in hybrid (PHEV) powertrains and all-electric ranges of up to 143 km2 |
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Development of core regions |
| Europe | North America | |
|
In the region, deliveries rose by 4.7 percent compared to the same period last year, reaching 983,800 vehicles. In Western Europe, growth was 4.2 percent, while in Central and Eastern Europe, growth was even higher at 7.6 percent. In the home market of Germany, 4.8 percent more vehicles were delivered to customers. |
205,500 customers took delivery of a vehicle from a Group brand, which was 13.3 percent fewer than in the strong prior-year period. The main reason for this was the performance in the key market USA. There, the decline amounted to 20.5 percent in a challenging environment. This was characterized by the tariff situation as well as changes in regulations. |
|
| South America | Asia-Pacific | |
|
The Volkswagen Group delivered 147,900 vehicles in the region, representing a 7.0 percent increase over the previous year. In the key market of Brazil, growth was 14.4 percent. |
In the region, deliveries fell by 14.1 percent year-over-year to 618,900 units. In a significantly declining Chinese total market, the Volkswagen Group recorded a slight gain in market share in the first quarter despite a 14.8 percent drop in deliveries. The core Volkswagen brand (including JETTA) ended the quarter as the market leader. |
|
Škoda Elroq 29,700 |
- EU27 + Norway + Iceland + United Kingdom + Switzerland
- Volkswagen Golf 1.5 eHybrid: Energy consumption weighted combined 15.6-14.6 kWh/100 km plus 0.3 l/100 km; fuel consumption with discharged battery combined: 5.3-5.0 l/100 km; CO2 emissions weighted combined 7-6 g/km; CO2 class weighted combined: B; CO2 class with discharged battery: D-C Audi A3 Sportback TFSI E: Energy consumption weighted combined 16.6-14.6 kWh/100 km plus 0.4-0.3 l/100 km; fuel consumption with discharged battery combined: 5.4-4.9 l/100 km; CO2 emissions weighted combined 8-6 g/km; CO2 class weighted combined: B; CO2 class with discharged battery: D-C
Deliveries Volkswagen Group – All drive types
|
Deliveries to customers by market |
Jan. – Mar. 2026 |
Jan. – Mar. 2025 |
Delta (%) |
|
Western Europe |
848,500 |
814,000 |
+4.2 |
|
Central and Eastern Europe |
135,300 |
125,800 |
+7.6 |
|
North America |
205,500 |
237,200 |
-13.3 |
|
South America |
147,900 |
138,200 |
+7.0 |
|
China |
548,700 |
644,100 |
-14.8 |
|
Rest of Asia-Pacific |
70,200 |
76,300 |
-8.0 |
|
Middle East/Africa |
92,800 |
98,000 |
-5.3 |
|
World |
2,048,900 |
2,133,600 |
-4.0 |
|
Deliveries to customers by brand |
Jan. – Mar. 2026 |
Jan. – Mar. 2025 |
Delta (%) |
|
Brand Group Core |
1,554,400 |
1,600,300 |
-2.9 |
|
Volkswagen Passenger Cars |
1,048,300 |
1,134,200 |
-7.6 |
|
Škoda |
271,900 |
238,600 |
+14.0 |
|
SEAT/CUPRA |
145,300 |
146,700 |
-1.0 |
|
Volkswagen Commercial Vehicles |
88,900 |
80,800 |
+10.1 |
|
Brand Group Progressive |
364,900 |
388,800 |
-6.1 |
|
Audi |
360,100 |
383,400 |
-6.1 |
|
Bentley |
2,200 |
2,400 |
-9.9 |
|
Lamborghini |
2,600 |
3,000 |
-11.7 |
|
Brand Group Sport Luxury |
61,000 |
71,500 |
-14.7 |
|
Porsche |
61,000 |
71,500 |
-14.7 |
|
Brand Group Trucks / TRATON |
68,600 |
73,100 |
-6.1 |
|
Scania |
20,900 |
22,200 |
-5.7 |
|
MAN |
23,600 |
20,600 |
+14.5 |
|
International |
13,300 |
16,900 |
-21.1 |
|
Volkswagen Truck & Bus |
10,800 |
13,400 |
-19.6 |
|
Volkswagen Group (total) |
2,048,900 |
2,133,600 |
-4.0 |
Percentage changes are based on unrounded figures
Deliveries Volkswagen Group – all-electric vehicles (BEV)
|
Deliveries to customers by market |
Jan. – Mar. 2026 |
Jan. – Mar. 2025 |
Delta (%) |
|
Europe |
176,400 |
158,100 |
+11.5 |
|
USA |
4,000 |
19,900 |
-80.1 |
|
China |
9,400 |
25,900 |
-63.8 |
|
Rest of the world |
10,300 |
12,800 |
-19.7 |
|
World |
200,000 |
216,800 |
-7.7 |
|
Deliveries to customers by brand |
Jan. – Mar. 2026 |
Jan. – Mar. 2025 |
Delta (%) |
|
Brand Group Core |
145,000 |
151,400 |
-4.2 |
|
Volkswagen Passenger Cars |
62,400 |
95,200 |
-34.4 |
|
Škoda |
51,800 |
27,000 |
+91.9 |
|
SEAT/CUPRA |
17,800 |
18,600 |
-4.4 |
|
Volkswagen Commercial Vehicles |
13,100 |
10,700 |
+22.5 |
|
Brand Group Progressive |
42,000 |
46,400 |
-9.4 |
|
Audi |
42,000 |
46,400 |
-9.4 |
|
Bentley |
- |
- |
- |
|
Lamborghini |
- |
- |
- |
|
Brand Group Sport Luxury |
12,100 |
18,400 |
-34.2 |
|
Porsche |
12,100 |
18,400 |
-34.2 |
|
Brand Group Trucks / TRATON |
900 |
600 |
+40.3 |
|
Scania |
130 |
100 |
+25.0 |
|
MAN |
540 |
380 |
+44.0 |
|
International |
180 |
90 |
+112.8 |
|
Volkswagen Truck & Bus |
0 |
50 |
-91.3 |
|
Volkswagen Group (total) |
200,000 |
216,800 |
-7.7 |
Percentage changes are based on unrounded figures
Contacts
Christoph Oemisch
Corporate Communications Spokesperson Finance & Sales
+49 (0) 1520 9364626
christoph.oemisch@volkswagen.de | www.volkswagen-group.com
About the Volkswagen Group
The Volkswagen Group is one of the world's leading car makers, headquartered in Wolfsburg, Germany. It operates globally, with 111 production facilities in 16 European countries and 10 countries in the Americas, Asia and Africa. With around 663,000 employees worldwide. The Group’s vehicles are sold in over 150 countries.
With a comprehensive portfolio of strong global brands, leading technologies at scale, innovative ideas to tap into future profit pools and an entrepreneurial leadership team, the Volkswagen Group is committed to shaping the future of mobility through investments in electric and autonomous driving vehicles, digitalisation and sustainability. The goal: As a “Global Automotive Tech Driver”, to make the best automotive technologies accessible to customers worldwide - from entry-level mobility to the luxury segment.
In 2025, the total number of vehicles delivered to customers by the Group globally was 9.0 million (2024: 9.0 million). Group sales revenue in 2025 totaled EUR 321.9 billion (2024: EUR 324.7 billion). The operating result in 2025 amounted to EUR 8.9 billion (2024: EUR 19.1 billion).
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