VW: Brand plunges 29% in Q2; Audi down 35%

Volkswagen of America said its U.S. sales fell 29 percent in the second quarter to 69,933, while sister brand Audi saw its second-quarter sales slide 35 percent to 34,843 because of the COVID-19 pandemic.

Notable nameplates: Volkswagen Atlas, down 56%; Tiguan, down 17%; Jetta, down 38%; Audi Q5, down 52%; A4, down 31%; Q7, down 50%

Incentives (including Porsche): $4,378 per vehicle, up 28% from a year earlier, ALG says.

Average transaction price (including Porsche): $40,744, down 2.1% from a year earlier, according to ALG.

Did you know? Volkswagen said its retail sales were off only 1.6 percent in June and that its crossovers accounted for a record 60 percent of sales during the quarter.