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Volkswagen Leads Auto Industry Recovery with EV Surge as Porsche Faces China Setbacks

Volkswagen reports a 1.4% sales increase in Q1 2025 driven by a 60% rise in EV deliveries, while Porsche struggles with a 42% sales drop in China and Tesla faces a 13% global decline.

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Overview

  • Volkswagen's Q1 2025 sales rose 1.4%, delivering 2.1 million vehicles globally, with EV sales jumping nearly 60% and European EV deliveries more than doubling.
  • Porsche's global sales fell 8% in Q1 2025, including a sharp 42% decline in China, as economic challenges persist in the region.
  • Tesla's global deliveries dropped 13%, with European sales plummeting nearly 49%, attributed partly to Elon Musk's controversial political involvement and intensified competition.
  • Audi experienced a 3.4% overall sales decline despite a 30% increase in EV sales, highlighting shifting consumer preferences toward electrification.
  • Volkswagen's improved performance in the U.S., with a 6.2% sales increase, contrasts with continued struggles in China, where sales fell by 7%.