00:00It's Benzinga bringing Wall Street to Main Street.
00:02Volkswagen Group reported a 14% decline in third-quarter vehicle deliveries to 1.89 million
00:08as the German automaker faced worsening market conditions in China, according to the Wall
00:13Street Journal.
00:13Deliveries in China plunged 39% to 405,800 vehicles amid a broader decline in demand
00:20for combustion engine vehicles.
00:22Western Europe deliveries fell 2.8%, while North America saw a 5.8% decline.
00:28Central and Eastern Europe was the only region to record growth.
00:31Global deliveries of all electric vehicles dropped 4.7% to 240,200, with Europe the only
00:38region showing an increase.
00:40Volkswagen said high fuel prices and a wider selection of entry-level models are accelerating
00:44demand for electric vehicles in its home market.
00:47For all things money, visit Benzinga.com
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