US EditionVW Group's Q1 Global Sales Down 4%; Europe up, China and U.S. Slide
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
VW Group's Q1 global sales down 4%; Europe up, China and U.S. slide
The VW Group continues to suffer from weak international sales (-4%), particularly in China and the United States, the German carmaker said in Wolfsburg on Monday. BEV deliveries were down 8% year on year. Globally, this pushed the number of deliveries across the VW Group in the time period between January and March down to just 2.05 million vehicles across all Group brands, 4% fewer than a year earlier. Nevertheless, the group has largely maint…
Less sales worldwide: VW's Europa-Plus does not change the plan to reduce around 50,000 jobs in Germany. Comparison with BMW and Mercedes makes this clear.
BMW, VW and Mercedes report weak sales figures in the first quarter. China and the USA are slowing down, Europe is only growing slightly.
Like Mercedes-Benz and Volkswagen, BMW also sold fewer vehicles in the first quarter. In China, the decline was even in the double digits. The Munich-based company is now pinning its hopes on the new BMW iX3. The start of orders offers a glimmer of hope.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
