March becomes a limp for VW sales
The Volkswagen brand delivered 542,700 vehicles worldwide in March, 7.2% below the record level for March 2018.
The positive trend in the USA (up 14%) could not compensate for lower deliveries in Asia (10% down), Europe (3.5 per cent down) and South America (12.7 per cent down).
Volkswagen was also 4.5 per cent down in the first quarter, but a global reduction in sales meant the brand recorded a slight gain in its market share for the first quarter.
Volkswagen sales board member, Jürgen Stackmann, said, ‘As expected, the continued reluctance to buy on the part of customers in China impacted our deliveries figures in the first quarter. Nevertheless, strong expansion of our market share there continues. Our order books everywhere are well-filled and we are working hard on expanding our capacity for petrol engines so that we can promptly deliver vehicles ordered by our customers.’
