Volkswagen (NASDAQOTH:VLKAY) is a powerhouse in China. It's VW brand sells more than any other brand, and the company's overall sales are second only to market leader General Motors (NYSE:GM) -- and VW already makes more money in China than GM.
But lately, VW's growth in China hasn't been keeping up with the overall market. In this video, Fool.com contributor John Rosevear looks at VW's latest sales numbers -- and at some of the factors that could be putting a damper on the German giant's growth plans.
Fool contributor John Rosevear owns shares of General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Tesla Inc. Crushes Competition in Owner Satisfaction
The electric vehicle innovator just reminded the rest of the auto industry why they need to take their EV plans seriously.
A $3 Billion Charge for Volkswagen as Dieselgate Drags On
The automaker has now paid out about $30 billion since its diesel scandal broke two years ago -- and it's not over.
EV Range Anxiety May Be a Thing of the Past
If range anxiety is no longer an obstacle to EV adoption, the industry may take off like a rocket.