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VW reports falling sales and profits

Volkswagen Group has just reported selling 8.3% less cars in Q3 2024 than in the same period of 2023, as well as missing out on 41.7% of the profit compared to that year.

Year-to-date profit decrease has so far amounted to 20.5%. Volkswagen dealerships have moved 6,762,000 vehicles from January to September, 4.4% down from the first nine months of the preceding year.

Unsurprisingly, Volkswagen’s CFO Arno Antlitz has used these dismal statistics to justify shutting down factories in Germany, firing the workers and cutting wages worldwide.

Editor: Andrew Raspopov

5
0

November 4, 2024


Edvards Stutins

Bro

November 04, 2024

DZ

Maybe the electric cars are in falling in sales

November 04, 2024

DZ

Taxi drivers will most likely not prefer electric cars because electric cars take time to charge. Electric cars take around 1 hour to charge, but within that time they could have had 2 or 3 passengers.

November 04, 2024

Əli

B4DM4N, ytefy3ub

November 04, 2024

Alex

B4DM4N, I agree to this

November 05, 2024

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