Newscasts - Volkswagen's third-quarter sales lifted by Europe and EVs

Porsche Automobil Holding SE

10/10/2025 14:19

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Source: 'Reuters - Business videos'

Description: Volkswagen Group reported a 1% increase in third-quarter global deliveries on Friday as new models helped sales in Western Europe. Francis Maguire reports.

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Video Transcript:

Volkswagen Group's release of new models paid off in the third quarter. The German auto giant reported a 1% rise in deliveries during the period on Friday. It said a boost from Europe and South America pushed back on pressure from China and the US. Group deliveries to China fell 7%. VW isn't the only German major to see a sales decline in the country recently. Mercedes was down by more than a quarter over the same period while BMW also saw a slight drop. Electric vehicles were a bright spot for VW in the third quarter. Deliveries of battery EVs rose by a third from July to September. It saw a big 213% jump in North America and a 60% rise in Europe of battery EVs, but sales of such designs plunged by more than half in China. One analyst said this was due to the varying market conditions in the three markets. The results come a day after Volkswagen's Porsche unit said sales were down in China by more than a quarter in the first nine months of the year. VW slashed its financial guidance for this year in September.