Volkswagen has posted a significant 3.5% sales decrease in October caused primarily by the ongoing Dieselgate.
Volkswagen has posted a significant 3.5% sales decrease in October caused primarily by the ongoing Dieselgate scandal.
VAG’s massive deceit is having a negative impact on sales as during the first full month since the scandal emerged it sold 3.5% fewer cars compared to the same month of 2014. Total deliveries reached 831,300 units in October and so far this year they shifted 8.26 million units, which is 1.7% less than in the January - October 2014 interval.
Deliveries of the Volkswagen core brand went down by 5.3% while Porsche’s sales rose by a massive 18.2%. As for Audi, they sold 2% more vehicles than they did in October 2014 whereas the far more affordable Skoda and SEAT marques saw a decrease in sales of 2.7% and 3.1%, respectively.
VAG’s sales in Europe diminished by 1.5%, but this was offset by its China branch which saw a 1.6% increase in total volume for all the marques sold in the company’s largest-single market. Sales plummeted by a whopping 47% in Brazil and 31% in Russia due to the local economic slumps while in United States combined demand for Volkswagen, Porsche and Audi went up by a healthy 5.7%.
Only time will tell whether this trend will continue, but it’s safe to say Volkswagen can kiss the sales crown goodbye.