大众汽车集团2025年第一季度全球交付量录得下滑，旗下多个核心市场承压，西欧与南美的增长仅能部分抵消整体拖累。
大众汽车周一公布数据显示，今年一季度全球交付量下降4%至205万辆，公司将压力归因于整体市场下行及美国关税冲击。
与此同时，西欧市场交付量逆势增长4.2%，南美市场增长7%，为集团业绩提供一定支撑。
美国市场表现尤为疲弱，一季度出货量下滑20.5%，其中电动车销售受到的冲击尤为突出。这一局面令大众应对关税压力、稳固北美份额的难度进一步加大。此次数据也进一步引发投资者对传统整车企业盈利前景的关注。
同时，大众汽车正积极通过与中国制造商合作来提升产品竞争力。大众已与小鹏汽车展开合作，以开发更符合中国消费者偏好的车型；旗下奥迪品牌则与上汽集团携手开发电动车型。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.