Framing Analysis
Volkswagen, Mercedes-Benz, BMW and Porsche recorded China sales drops between 30 and 41 percent year-on-year in the April-June quarter, with Volkswagen deliveries falling 36.6 percent to 424,300 vehicles [Washington Times]. Volkswagen Group global deliveries declined 8.6 percent in the same period while rising in Europe and the Americas [Washington Times]. All four brands posted first-half China sales declines exceeding 20 percent amid China's property-sector downturn and economic slowdown [Washington Times].