Volkswagen car deliveries fall 34 pct in May, Chinese market recovering

Worldwide vehicle deliveries by German carmaker Volkswagen fell by almost 34 percent to around 609,400 vehicles in May year on year, the company announced on Friday.

South America recorded a particularly sharp decline of 69 percent to only 17,000 delivered vehicles, followed by Western Europe, down by 57 percent to 147,400 vehicles, according to Volkswagen.

Meanwhile, there was “good news from China” as the Chinese market was recovering from the effects of COVID-19. In May, Volkswagen recorded an increase of delivered vehicles by 5.7 percent to 330,300 units in China.

“The market is driving out of the crisis in a sustainable way,” said Herbert Diess, chairperson of the board of management of Volkswagen.

“The number one car market is rapidly changing towards e-mobility and digital networking,” added Diess. By 2025, Volkswagen is planning to produce 1.5 million electric cars per year in China alone.