Monthly sales reports fall even further by the wayside in the car industry as Volkswagen, Audi join the movement to quarterly reporting

Audi dealership germany Carsten Koall/Getty Images

Volkswagen and Audi will start reporting US sales quarterly the month, and both effective immediately.
While the very first reports of this year will come out in a few days, Volkswagen and Audi will execute until April beneath their new strategies.
The moves follow along with industry trend begun by General Motors in 2018, which Porsche most recently joined.
Other automakers are very likely to follow the fashion, which an analyst said might result in”less transparency” and also”an information gap” in the automobile industry.
Visit Business Insider’s homepage for additional stories.

Volkswagen and Audi are moving to triple US sales reports in lieu of publishing the numbers by the month, joining an industry migration to publishing reports throughout the year .

Volkswagen announced the movement Thursday, just before the ending January and the following very first monthly reports of this year. Automotive News reported Audi’s switch to quarterly updates about exactly the same afternoon, meaning both Audi and Volkswagen will put out their very initial reports of this year in April rather than in a few days. The move mirrors a trend that began in 2018 and will probably spread across the remainder of the business, just as it did if automakers migrated out of 10-day accounts to monthly ones in the 1990s. See the rest of the story at Business Insider

NOW WATCH: Why Tesla’s Model 3 received high crash-test safety evaluations