Transportation
Volkswagen Deliveries Drop on China Slump and EV Struggles
This article is for subscribers only.
Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese market dragged on sales.
The German parent of brands including Audi, Skoda and Porsche delivered 9.03 million vehicles globally, 2.3% fewer than in 2023. Sales of its fully electric vehicles declined in both Europe and the US.