VW, Audi’s US Sales Plummet as Trump Policies Take Toll

Volkswagen AG’s US sales of VW and Audi vehicles plunged in the fourth quarter, as Donald Trump’s tariffs and undercutting of electric vehicles take a toll on Europe’s biggest automaker.

Sales at the German manufacturer’s namesake brand slumped by a fifth in the three months through December due to cratering demand for models including the Atlas sport utility vehicle and the Jetta sedan. VW’s full-year sales fell 13%. Audi’s sales dropped by more than a third last quarter, for an annual decline of 16%.