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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Volkswagen AG | TG:VOW | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.80 | 0.60% | 133.40 | 132.90 | 133.80 | 134.00 | 132.40 | 133.10 | 4,290 | 22:50:02 |
By Jessica Sier
Volkswagen AG's global deliveries fell sharply in February, driven by a large decline in Chinese sales, the German car maker said Friday.
February group sales fell 25% to 546,300 vehicles, Volkswagen said. In China, vehicle sales slumped 74% to 60,900 vehicles, down from 234,400 a year earlier.
Sales in western Europe were comparatively stable, down 3.5% for the month of February to 263,800 vehicles, while sales in North America got an 8.4% lift to 70,700.
Deliveries between January and February fell 14% to 1.38 million vehicles.
The Volkswagen group includes a number of brands, including Audi, Skoda, Porsche and the company's namesake Volkswagen passenger-car brand.
Of those brands, sales in Volkswagen passenger cars fell 32% to 270,100 in February 2020, compared with the same period in 2019. This was the largest decline of Volkswagen's brands.
Write to Jessica Sier at jessica.sier@wsj.com
(END) Dow Jones Newswires
March 13, 2020 06:16 ET (10:16 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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