Volkswagen Group Global Deliveries Fell Sharply in 3Q

By Kim Richters

Volkswagen AG said Friday that vehicle deliveries declined in the third quarter amid the semiconductor shortage that is affecting automotive production world-wide.

The German car maker said total group deliveries to customers fell 24.5% to 1.97 million vehicles in the three months to September. However, in the first nine months of the year, global group deliveries were up 6.9% to 6.95 million vehicles.

Volkswagen's delivery figures come after German peers Daimler AG and BMW AG earlier this month also reported that their quarterly vehicles sales have been hit by the chip shortage.

Daimler said world-wide sales at the auto maker's Mercedes-Benz Cars division declined 30.5% to 434,784 vehicles during the three-month period, while BMW AG's global sales for its BMW, MINI and Rolls-Royce cars fell 12% on-year to 593,189 vehicles.

Write to Kim Richters at [e-mail]

(END) Dow Jones Newswires

October 15, 2021 05:38 ET (09:38 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.