Volkswagen recorded another sales decline from June to September. The German car group sold 14.3 percent fewer vehicles year-on-year, marking the sharpest drop since 2022. This continues an unfavorable trend that has been evident in its sales results for some time. Der Standard ↗
The decline mainly concerns demand in the Chinese market. In China, which is one of Volkswagen's major markets, the group recorded a significant drop in sales. Reports on the development also indicate that the broader German automotive industry is under pressure. Tagesspiegel ↗
The third-quarter results point to an acceleration of the sales decline. Volkswagen is selling fewer vehicles despite being the largest automaker in Europe. The year-on-year comparison covers the summer months, when the group delivered substantially fewer cars to customers than in the same period of the previous year. n-tv ↗
Developments in China remain one of the main factors affecting Volkswagen's overall results. The group will have to respond to weaker demand and continued pressure on German carmakers. Further sales developments in the last quarter will show whether the unfavorable trend can be eased or whether the decline will continue. n-tv ↗
Volkswagen again significantly reduced sales in the third quarter
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