Downturn in deliveries slows in May
Volkswagen Group has reported a 3.6% fall in deliveries in May 2019 compared to the same month last year. However, it’s a sign of the times that it qualifies this figure by saying the 3.6% decline is smaller than in previous months.
In total, it handed over 918,900 units worldwide. Growth was achieved in some key European markets such as Germany, France and Italy, as well as in the regions of North America and South America.
However, these rises were insufficient to compensate in full for falls in other regions, especially Asia-Pacific (9.4%).
Dr. Christian Dahlheim, head of Volkswagen Group sales, commented, ‘In May, our brands asserted their position in shrinking overall markets and slightly increased the global market share. Deliveries developed in different ways in the various markets.
‘In Europe, we almost reached the high level of the previous year and recorded growth in some key markets including Germany. Positive impetus came from North and South America, but this was insufficient to compensate for the continuing weakness of the overall market in our largest single market, China. It is gratifying to note that we once again significantly increased our market share in China.’