EV sales stall and China competition heats up for Volkswagen
January 15, 2025
The Volkswagen Group saw a challenging 2024, reporting a 2.3% decline in global deliveries across all its brands, totaling 9.03 million vehicles. While the company narrowly achieved its target of 9 million units, the drop reflects difficulties in key markets, particularly China, and slower-than-expected growth in electric vehicles. Volkswagen’s sales in China, its largest market, […]