Topic

China slump cuts Volkswagen sales

7m

Volkswagen’s global vehicle sales fell 14.3% year-on-year from June through September, the steepest decline since 2022, as a slump in China weighed on the automaker.

7%
Passenger car sales in China are down 21% this year through September, but look at that growing gap: new-energy vehicles (BEV+PHEV) are down only 12%, and since the end of March only 7.5%, as Chinese buyers increasingly avoid cars without plugs.
robbieandrew.github.io/china
October 12, 2026 at 7:48 AM
21%
Reuters: "Passenger vehicle sales fell 28.1% from a year earlier ​to 1.63 million ​units in September, worsening from ‌a ⁠23.7% decline in August. Car exports jumped 73.2% on ​year to 923,000 ​vehicles ⁠last month, versus a 77.5% rise in ⁠August."
www.reuters.com/business/aut...
China home car sales downturn continues, exports retain momentum
China's domestic car sales extended ​their decline for a ‌12th successive month, while exports remained a ​key growth driver ​as automakers looked overseas to ⁠cushion the impact ​of a sluggish home ​...
www.reuters.com
October 12, 2026 at 6:32 AM