Volkswagen VOW3-2.62%decrease; red down pointing triangle delivered fewer cars in 2024 as the automaker continued to be hit by intense competition in China that has seen rivals cut prices to win ...

We made significant strides in bringing our strategy to life, demonstrating our long-term commitment to China," said Ralf Brandstaetter, chairman and CEO of Volkswagen Group China. According to ...

BERLIN (Reuters) - Volkswagen's unit sales fell 2.3% in 2024 to just over 9 million vehicles, the German automaker reported on Tuesday, as it struggles to cut costs at home and fight a price war ...

Volkswagen, which houses a stable of brands, said its group car deliveries fell 2.3% on year to 9.03 million in 2024, with deliveries in China down 9.5% to 2.93 million cars. Rivals BMW and ...

Still, battery-electric sales performed better in China, increasing 8% compared with a 3.4% drop globally. Volkswagen had revised down its 2024 deliveries forecast to around nine million in ...