Volkswagen reports 14% drop in third quarter deliveries
35 Articles
35 Articles
The Volkswagen Group continues to have problems at one of the most delicate moments in its recent history. Immersed in a profound process of industrial transformation, which includes an ambitious plan of thinning its structures, reducing costs and adjustments of employment, the German car giant has closed the third trimester with a drop of 14.3% in its world sales. Between July and September it delivered 1.88 million vehicles, compared to the 2.…
The German manufacturer delivered just over six million vehicles in the first nine months of the year
VW is in the heaviest crisis in years. Sales are breaking down worldwide, including in China. Now there is growing pressure on plants and jobs in Germany.
Automotive group Volkswagen once again sold significantly fewer vehicles last quarter. The decline, which had already begun, accelerated from July through September, with a sales drop of 14 percent to 1.9 million cars. So far this year, Volkswagen has sold 9 percent fewer vehicles across all its brands, which include Audi and Porsche, among others.
The decline in sales in China, among other things, is leading the German manufacturer. ...
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