Volkswagen Sees Europe Drive Q3 Sales Growth Despite Declines in China and U.S.

Volkswagen achieved a 1% increase in global deliveries in Q3, driven by strong sales in Europe, despite facing a 55% decline in China and challenges in the U.S.

• In Q3, Volkswagen Group reported a 1% rise in global deliveries, reflecting strong demand particularly in Western Europe where new models have resonated well with consumers.
• Despite the overall growth, China saw a staggering 55% drop in Volkswagens sales, indicating significant market challenges for the automaker in the region.
• Sales of electric cars in Europe and North America surged, counterbalancing pressures from declining markets in China and the U.S., showcasing the varied global demand.