Volkswagen with sales down in January – VW share firmer

As the twelve-brand group announced, deliveries fell by 15.2 percent to 699,500 units. In China, by far the most important car market, deliveries fell by a good 18 percent to 342,500 vehicles. In Western Europe, the decline was limited at 3.9 percent.

According to further information, sales of the core brand fell by 17 percent to 402,300 cars. The premium brand Audi also fell by 13 percent to 135,400 cars, while Porsche remained roughly at the same level as the previous year with 24,300 sports cars.

In contrast, Traton’s commercial vehicle business rose by 21 percent in January. The reason for this is the sales of the acquired US brand Navistar, which were not included in the figures for the past year. At Scania and MAN, VW recorded a drop in sales of 14 and 4.3 percent respectively in January.

On XETRA, the VW preference share temporarily gained 0.62 percent to 188.44 euros on Friday.

FRANKFURT (Dow Jones)

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