VW brand sales drop 3.1% in January for 8th straight decline
Volkswagen, the largest vehicle brand in China, suffered its eighth consecutive monthly sales decline in January, dipping 3.1 percent from a year earlier to 287,900.
VW Group blamed its flagship brand’s extended sales fall on "an uncertain economic environment" in China that has made vehicle buyers reluctant to spend.
Despite the decline, VW brand outperformed the overall Chinese new light-vehicle market, which contracted more severely last month, VW Group said.
In January, Audi’s China deliveries rose 5.1 percent to roughly 64,000.
VW Group hasn’t released China sales of its other brands for January.
VW Group blamed its flagship brand’s extended sales fall on "an uncertain economic environment" in China that has made vehicle buyers reluctant to spend.
Despite the decline, VW brand outperformed the overall Chinese new light-vehicle market, which contracted more severely last month, VW Group said.
In January, Audi’s China deliveries rose 5.1 percent to roughly 64,000.
VW Group hasn’t released China sales of its other brands for January.
