China and Europe: VW shares firmer: Volkswagen with sales stabilizing further in September | news

China and Europe: VW shares firmer: Volkswagen with sales stabilizing further in September |  news

In the year to date, however, Volkswagen’s delivery figures remain weak. In the past month, 755,800 vehicles found their way to customers, 20.7 percent more than a year earlier, as the Dax group announced on Friday in Wolfsburg. In the entire period from January to September, VW had a good 6 million vehicles, 12.9 percent less than in the same period last year.

It had already become apparent in July that the second largest car group after Toyota could gradually catch up after a difficult first half of the year. Above all, the important China business stabilized noticeably after new corona lockdowns and the logistics chaos in the overseas ports had caused considerable strain on consumption and supply chains there in spring. For September, sales statistics in the People’s Republic, including Hong Kong, were again up almost 34 percent.

In Western Europe, sales figures increased by 20 percent. In contrast, in Central and Eastern Europe with direct borders to the Ukraine, the number fell by a good 18 percent. Since the beginning of the year, the minus there has been 38 percent.

Via XETRA, VW shares temporarily gained 0.16 percent to 124.36 euros.

/stw/stk

WOLFSBURG (dpa-AFX)

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