Audi warns of sales fluctuation after 56 per cent fall in Europe

Reuters . Frankfurt | Published: 00:05, Oct 06,2018 | Updated: 00:54, Oct 06,2018

 
 

Volkswagen’s premium brand Audi on Friday said it expected sales in Europe to fluctuate in the coming months after a 55.5 per cent slump in September sales due to supply bottlenecks caused by stricter anti-pollution rules.
Last month VW Group’s sales fell by half in Europe’s five biggest markets, according to analysts at Citi, after several top selling models failed to conform to new the Worldwide Harmonised Light Vehicle Test (WLTP) rules.
Audi’s monthly sales were down by 69.4 per cent in Germany, while China deliveries increased 12.5 per cent and sales in North America rose 1.2 per cent, the carmaker said.
‘Following above-average sales results in Europe over the past two months due to the sell-off of models in stock, the increasingly empty stores and the restrictions in the sales portfolio had an adverse effect on deliveries in September,’ Audi said.
Some of the supply bottlenecks that have slowed sales of VW’s namesake brand, however, are now easing, VW said. 

More about:

Want stories like this in your inbox?

Sign up to exclusive daily email

Advertisement

images

 

Advertisement

images