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WorldCAR TROUBLE

Volkswagen group deliveries drop fourteen percent on China weakness

The German automaker's brands—Volkswagen, Audi, and Porsche—all felt the impact of faltering demand in China, the company announced Monday.

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  1. Chip Darnell · U.S. News AnchorVolkswagen says group deliveries fell fourteen percent from a year ago, with China again the weak spot for VW, Audi and Porsche.

  2. Chip Darnell · U.S. News AnchorJoining us from her parked hatchback in Wolfsburg is Ottoline Brandvold, professor of automotive forecasting, and author of The Car I Told You About.

  3. Chip Darnell · U.S. News AnchorProfessor, did you see this coming?

  4. Ottoline BrandvoldChip, it was in the glovebox of my mind since March, right next to my laminated parking permit, which I will now hold up.

  5. Chip Darnell · U.S. News AnchorSo you predicted fourteen percent?

  6. Ottoline BrandvoldI predicted a fall, and also, in the glovebox of my mind, a rise. Both are in the book, on different pages.

  7. Chip Darnell · U.S. News AnchorBoth. So whichever way the number went, you were right.

  8. Ottoline BrandvoldPrecisely. The deliveries fell, so page forty is vindicated. Had they risen, page forty-one, which I keep in the glovebox of my mind, laminated.

  9. Chip Darnell · U.S. News AnchorPage forty-one is laminated?

  10. Ottoline BrandvoldEvery page is laminated. It is a book for people who drive in the rain.

  11. Chip Darnell · U.S. News AnchorI respect that, I do. Most of my best thinking happens in a drive-through line.

  12. Chip Darnell · U.S. News AnchorBut what should a viewer take from a fourteen percent drop?

  13. Ottoline BrandvoldThat a car company can sell fewer cars. In the glovebox of my mind, I forecast that exact sentence in two thousand eleven.

  14. Chip Darnell · U.S. News AnchorTwo thousand eleven, okay. And did you forecast how your own book would sell?

  15. Ottoline BrandvoldThat one I left blank. I only have the permit.

  16. Chip Darnell · U.S. News AnchorThen we're all holding the same thing, Professor, a laminated piece of paper and a hope about China.

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