Volkswagen said demand in China was rebounding, thanks to customers who want to switch from public transport to personal vehicles, but warned ...
FRANKFURT: Volkswagen said demand in China was rebounding, thanks to customers who want to switch from public transport to personal vehicles, but warned sales would not recover as quickly in other parts of the world.
In April, sales in Germany were down 60 per cent on the year, with the rest of Europe down 85 per cent as some major markets like Italy and Spain came to a full stop, Stackmann said."There might be a trend toward individual mobility since people want to avoid public transport these days," he said, explaining that VW's Chinese budget brand Jetta had picked up market share after the country eased lockdown rules.
Pre-booking for VW's ID 3 electric car stands at 37,000 vehicles, with demand coming from across Europe and strongest in Germany, Stackmann said.
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