Volkswagen’s sales in China slowed significantly in the first three months of the year, as renewed Covid shutdowns and persistent supply chain disruption hit production in its largest market.
Deliveries in China fell by almost 24 per cent in the three months to the end of March, which VW said was because of “ongoing global structural semiconductor bottlenecks and pandemic restrictions in various cities across China since the beginning of the year”.
VW brand Porsche, which the group hopes to partially float later this year, suffered a 20 per cent drop in China deliveries.
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