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Volkswagen car sales drop on steep declines in China, US

Bloomberg News

Volkswagen AG’s global car sales fell in the first quarter, weighed down by a slump in China, where competition from local brands has intensified. Deliveries declined 4% to 2.05 million units, the automaker said Monday. It pointed to headwinds including an overall declining Chinese market and tariffs in the US. The pain was most acute […]

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