Volkswagen's unit sales fell by 2.3% in 2024 to just over nine million vehicles, the carmaker reported on Tuesday, after a challenging year in its two key markets of Germany and China.

Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese market dragged on sales.

Sluggish sales in China and a continued slump in the market for electric vehicles helped drag down global sales for struggling German auto giant Volkswagen in 2024, the company reported on Tuesday. Worldwide,

Volkswagen's unit sales fell 2.3% in 2024 to just over 9 million vehicles, the German automaker reported on Tuesday, as it struggles to cut costs at home and fight a price war in China, its biggest market.