Blindsided by the meteoric rise of Chinese brands, sales at Volkswagen, along with its Porsche and Audi units, and rivals BMW and Mercedes-Benz have all tumbled, leaving them scrambling to staunch the bleeding in a market that used to account for a third of their sales…— Reuters (@Reuters) April 21, 2026
Blindsided by the meteoric rise of Chinese brands, sales at Volkswagen, along with its Porsche and Audi units, and rivals BMW and Mercedes-Benz have all tumbled, leaving them scrambling to staunch the bleeding in a market that used to account for a third of their sales…
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