Remove Belgium Remove Porsche Remove Sale
article thumbnail

Audi Ponders Killing Q8 EV Early to Restructure Brussels

The Truth About Cars

Porsche, which is likewise owned by Volkswagen Group, has also seen a decline in demand for its flagship EV. But it’s been discussing further commitments toward electrification , whereas Audi appears to be signaling that things might be more complicated in Belgium. It also noted that demand was segment specific.

Audi 57
article thumbnail

Volkswagen plans more cost cuts amid lower deliveries and waning EV demand

Baua Electric

Audi , a key profit center, earlier this month lowered its profitability goal after sales slumped. Aside from stagnating demand in China, EV sales have cooled after governments in several countries pulled subsidies and inflation sapped consumer spending. New models assist 2H, bar Porsche which is hit by 911 supply constraints.

China 52
article thumbnail

Europe January 2021

EV Sales

While the XC40 PHEV major market was Germany (573 units), there were several others also helping in significant volumes, like the Netherlands (367), France (357), the UK (350), Belgium (434) and Italy (399). #2 but with also the flagship Teslas redesign and the Porsche Taycan lineup expansion (RWD, Cross Turismo.), 5 Volkswagen ID.3

Europe 98
article thumbnail

Europe April 2021

EV Sales

Growth came from both plugin fields, with BEVs recovering slightly in the plugin share (46% of sales in April, vs 45% YTD), mostly thanks to the BEV push from the Volkswagen Group, allowing the namesake brand to celebrate a 1-2 win in April, a first for the German maker. But more on that later.

Europe 52