International Companies

'Intense' competition in China weighs heavily on Volkswagen

By Abigail Townsend

Date: Friday 11 Oct 2024

(Sharecast News) - Global car sales at Volkswagen Group fell sharply in the last quarter, the German manufacturer confirmed on Friday, dragged down by stiff competition in China.
The group, which also owns Audi, Porsche and Bentley, among others, said total deliveries to customers in the three months to September were...

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