Automotive industry: Volkswagen sells fewer cars again
Europe's largest automaker presents its sales figures for the third quarter. VW is selling increasingly fewer cars. The group has to accept significant declines, especially in China.
Volkswagen's sales decline accelerated in the third quarter, with 1.89 million vehicles delivered worldwide, a 14.3% decrease from the same period last year. The company sold 6 million cars from January to September, 9.0% or 600,000 fewer than in the previous year. China was particularly affected, with a 38.5% sales drop, while Volkswagen and Audi each saw 20% declines in the third quarter.
Skoda maintained stable sales, and the commercial vehicle division Traton grew by 10%. Volkswagen's shares rose 1.4% at the start of trading.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
Also reported by 2 other outlets
- Audi sold fewer cars this year, China sales plummeted derstandard.at
- Autoindustrie: Volkswagen verkauft erneut weniger Autos handelsblatt.com
