Plus   Neg

Volkswagen June Deliveries Down 17.5%

German automaker Volkswagen (VKW.L,VLKAF.PK,VOW.BE) said Friday its worldwide deliveries for June fell 17.5 percent year-on-year to about 804,000 vehicles, as sales were hit by corona virus outbreak.

Divsion wise, deliveries were down 40.5 percent for Seat and it was down 41.3 percent for truck manufacturer Scania. The VW core brand slid to 17.6 percent.

Sales were down 16.0 percent at Skoda, while it was down 8.1 percent at Audi. Sales slid for Porsche by 1.8 percent, for MAN by 33.3 percent and light VW commercial vehicles sales were down by 26.2 percent.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The European Commission said Friday that it has signed a deal with Sanofi and GlaxoSmithKline to secure up to 300 million doses of their potential COVID-19 vaccine. Acella Pharmaceuticals recalled certain lots of hypothyroidism medication NP Thyroid in the form of tablets due to super potency, the U.S. Food and Drug Administration said in a statement. The company is recalling one lot of 15mg and one lot of 120mg of NP Thyroid that are packaged in 100 count bottles in strengths of 15 mg, and 120 mg, with expiration dates between October 2020 and November 2020. Walmart announced its decision to raise wages for around 165,000 hourly associates across all its U.S. stores starting October, and introduce a team-based operating model in Supercenters. In a tweet, the retail giant said, "Today we're introducing new leadership roles and cross-training opportunities, giving our associates more ways to grow their careers."
Follow RTT