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Investing.com -- Volkswagen Group vehicle deliveries increased 1% globally to 2.2 million units in the third quarter, as growth in Europe and other markets offset declines in China and North America.
The German automaker reported an 8% increase in Western Europe deliveries and a 13.7% rise in Central and Eastern Europe. The company also recorded solid gains in South America, the rest of Asia-Pacific, and the Middle East and Africa regions.
In China, where car manufacturers face intense competition, Volkswagen delivered over 51,000 fewer vehicles, representing a 7.2% drop compared to the same period last year.
North American deliveries fell 9.8% to 246,900 vehicles amid what the company described as a challenging environment marked by U.S. tariff uncertainty.
"We were able to compensate for the challenging conditions in China and the U.S. with partly significant increases in South America and Europe," said Marco Schubert, member of the group’s extended executive committee for sales.
Schubert added that the company’s all-electric models were "a key driver of this positive development."
Volkswagen Group’s portfolio includes brands such as VW, Audi, and Porsche, among others.
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