Volkswagen posts a 10.4% year-to-date rise in VW-brand sales to 3.26 million

Article by Anita Panait, on August 23, 2012

Volkswagen posted a 10.4-percent year-on-year increase in the global deliveries of its core VW-brand vehicles for the first seven months of 2012 to 3.26 million, boosted by a 11.9 percent year-on-year gain in the month of July to 468,300 units. Despite a continuing drop in consumer demand in Western Europe, particularly in Spain, France and Italy, VW managed to log a growth in deliveries thanks to strong sales in the United States, China and Russia.

According to VW sales chief Christian Klingler, Volkswagen passenger cars brand has increased globally despite the continued difficult market situation in western Europe.

The carmaker posted a 5.0 percent year-on-year drop in VW-brand deliveries in Western Europe, excluding Germany, for the first seven months of 2012 to 528,200 vehicles. The company, however, managed to log a 2.5 percent growth in Germany, its home market, for the January to July 2012 period to 361,400 units.

Overall, the carmaker posted a 2.5 percent rise in VW sales in entire Europe to 1.05 million. The carmaker, meanwhile, posted a 15.2 percent jump in VW-brand deliveries in China for the period to 1.27 million units.

VW also recorded a 34.1 percent increase in VW-brand sales in the US for the first seven months of 2012 to 245,700 units, thanks in part to local production of its new Passat model.  VW brand deliveries rose 69.2 percent in Russia to 95,600 units, and 6.4 percent in South America to 472,700 vehicles.

VW Group is aiming to overtake General Motors Co. as the world’s largest carmaker in terms of sales by 2018. Sales figures in 2011 saw GM still leading the pack with 9.05 million units, followed by VW with 8.27 million and Toyota with 7.95 million.

Topics: vw, sales

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