VW China Chief Predicts 20% Market Drop in 2026
Volkswagen expects China's passenger car market to drop twenty percent this year amid falling deliveries and slim margins. The top executive compares the current contraction to pandemic impacts while domestic sales decline.
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VOLKSWAGEN AG expects China's passenger car market to contract by 20% in 2026, dealing a severe blow to its core revenue engine. The German auto giant faces a deepening crisis in its largest market amid falling deliveries and shrinking profit margins. The downturn mirrors the severe demand shocks experienced during the COVID-19 pandemic.
