Volkswagen Group returned to profitability in the third quarter, helped by a surge in demand in China, despite an overall drop in global vehicle deliveries during the COVID-19 pandemic.
Volkswagen Group returned to profitability in the third quarter, helped by a surge in demand in China, despite an overall drop in global vehicle deliveries during the COVID-19 pandemic.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.