Volkswagen's China Gains, EV Strategy Should Pay Off -- Market Talk

Dow Jones10-14

0747 GMT - Volkswagen's core businesses continued to improve in China, and its focus on affordable electric vehicles in urban markets should support future margin growth, RBC analyst Tom Narayan writes in a note. Although third-quarter China deliveries dipped 7.2%, results were encouraging compared with competitors such as Mercedes, down 27%, and BMW, down 11%, as well as Volkswagen's own recent performance, Narayan says. The German auto giant should meet its long-term targets in the country, he says. Battery-electric-vehicles were a bright spot as sales jumped 33% globally, with Europe constituting 69% of the total, Narayan writes. Meanwhile, core second-quarter core brand momentum continued into the third quarter, he adds. Shares rise 1.5%. (william.gray@wsj.com)

(END) Dow Jones Newswires

October 14, 2025 03:47 ET (07:47 GMT)

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Battery-electric-vehicles were a bright spot as sales jumped 33% globally, with Europe constituting 69% of the total, Narayan writes. Meanwhile, core second-quarter core brand momentum continued into the third quarter, he adds. Shares rise 1.5%. 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