Business · Companies · 3 hrs ago
Audi deliveries fall 19.7% in the third quarter
Audi delivered 314,905 cars of its core brand in the third quarter, 19.7% fewer than in the same period a year earlier.
The German carmaker is part of the Volkswagen group.
Its deliveries fell faster than in the second quarter, when they were down about 8%.
Audi says the decline reflects a weak market in China, tough competition and changes to two major models, the A1 and Q2.
US tariffs are also a particular challenge because Audi does not have its own production in the United States.
In the first nine months of the year, Audi deliveries were down nearly a quarter in China and about one-sixth in the United States, while they rose slightly in Germany and Europe.
The company delivered 1.04 million cars worldwide in those nine months, 11.4% fewer than a year earlier.
Audi delivered 314,905 vehicles of its core brand in the third quarter, down 19.7% from the same period a year earlier.
The decline accelerated from about 8% in the second quarter.
Audi cited a weaker market in China and model changes affecting the A1 and Q2.
US tariffs also weighed on the automaker, which has no production in the United States.
In the first nine months of the year, Audi deliveries fell 11.4% to 1.04 million vehicles.
- Who
- Audi’s core brand.
- What
- Deliveries fell 19.7% to 314,905 vehicles.
- When
- In the third quarter, compared with the same period a year earlier.
- Where
- Not stated.
- Why
- Audi cited a weak market in China, model changes affecting the A1 and Q2, and US tariffs.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
Audi delivered nearly 480,000 vehicles of its core brand.
Deliveries fell about 8% from the prior-year period.
Deliveries fell 19.7% to 314,905 vehicles from the prior-year period.
- Third-quarter deliveries
- 314,905 vehicles
- Year-on-year decline
- 19.7%
- First nine months
- 1.04 million deliveries, down 11.4%
- China sales
- Nearly one-quarter fewer vehicles in the first nine months
- US sales
- Around one-sixth fewer vehicles in the first nine months
- Models cited
- A1 and Q2
Sources
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