By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Markets > Stocks > Volkswagen’s H1 deliveries up in every region but China
Stocks

Volkswagen’s H1 deliveries up in every region but China

News Room
Last updated: 2023/07/15 at 3:52 PM
By News Room
Share
2 Min Read
SHARE

© Reuters. FILE PHOTO: Volkswagen’s factory is seen in Sao Bernardo do Campo, Sao Paulo state, Brazil June 28, 2023. REUTERS/Leonardo Benassatto/File Photo

(Reuters) -Volkswagen said on Friday its Group deliveries increased 12.8% year-on-year from January to June, registering growth in every region except China, which saw a 1.2% drop in total deliveries and a 1.6% drop in battery-electric cars.

The fall was partly due to particularly high sales in the same month last year after the government extended a tax break on EVs to boost sluggish demand following lockdowns, a spokesperson said.

EV sales in China have on balance risen since March, and June was the strongest month of the year so far, they added.

The carmaker is under heavy pressure from investors to boost EV sales in China as a growing swathe of Chinese competitors cutting prices threaten its dominance of the car market in the combustion engine era.

Battery-electric vehicle deliveries in North America, so far a weaker market for EVs than Europe or China, rose 75.5% in the first half-year, with total deliveries up 14.2%.

The carmaker remains market leader for battery-electric vehicles in Europe, it said, with 217,100 cars sold so far this year – a significant jump from last year, when sales took a hit from supply chain disruptions caused by the war in Ukraine.

Read the full article here

News Room July 15, 2023 July 15, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Why the U.S. retirement system has a C+ rating

Watch full video on YouTube

AI stocks soared in 2025, but is the bubble starting to burst?

Watch full video on YouTube

Envirotech Vehicles, Inc. (EVTV) Shareholder/Analyst Call Prepared Remarks Transcript

Operator Greetings. Welcome to Envirotech Vehicles, Inc. 2025 Annual Meeting of Stockholders…

Where Did All The Good Jobs Go?

Watch full video on YouTube

“A better inflation target is a range”: El-Erian

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

Stocks

CPS reports solid 2023 performance, eyes future growth By Investing.com

By News Room
Stocks

Niu Technologies faces mixed results in Q4 2023 By Investing.com

By News Room
Stocks

Exagen Inc. reports strong 2023 revenue growth By Investing.com

By News Room
Stocks

Legacy Housing reports mixed results amid sales decline By Investing.com

By News Room
Stocks

Harmony Biosciences exec sells over $383k in stock By Investing.com

By News Room
Stocks

Biofrontera posts record revenue and outlines growth plans By Investing.com

By News Room
Stocks

Granite Ridge CFO buys $31,000 in company stock By Investing.com

By News Room
Stocks

Coliseum Capital Management buys MasterCraft Boat shares worth over $3.2m By Investing.com

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?