Volkswagen’s vehicle deliveries up with 11.1% in October

Article by Christian A., on August 25, 2010

Volkswagen AG may have recorded strong results in October but it is now sternly warning investors against interpreting those figures to mean that the car industry will be headed for a lasting rebound. VW says that sustained recovery is still a long way yet and that 2010 is expected to be a difficult and challenging year, according to VW sales chief Detlef Wittig.

He had forecast in September that group volumes would stagnate at about 6.2 million vehicles both this year and in 2010. In October, VW reported a double-digit growth in group sales due to the flurry of demand in China and Germany. Last month, VW delivered 557,300 vehicles across its eight car brands, representing an 11% improvement.

That gain pushed up cumulative sales for the first time in 2009. For the first ten months of 2009, VW's volumes have been up 0.6 percent to 5.32 million.

Due to high demand in China, Brazil and Germany, the core VW brand saw October deliveries rise 17 percent to 349,800 vehicles. Czech subsidiary Skoda pushed its sales up by 33 percent to 65,600 cars last month, while VW's money-losing Spanish brand Seat reported a slight gain of 1.9 percent to 29,600 units.

If you liked the article, share on:

Pin It

Comments

Recommended

It’s quite safe to say that this generation marks the rise of the electric cars. For the past few years, automakers have been very busy trying to find the perfect...
by - March 28, 2017
Want to go for a sportier look, but don’t have enough cash to burn? Good news for future Ford Edge buyers, as the 2018 model year will have an optional...
by - March 28, 2017
Audi refreshes its portfolio as its go-faster division officially announces the release of six new RS models by the end of 2018. That’s quite a huge number of cars to...
by - March 28, 2017
Has Toyota started the production of a new electric supercharger? Well, a patent that was recently published indicated that they might have. And this electric supercharger looks more durable and...
by - March 27, 2017
The Tesla Model S has finally arrived in South Korean soil and is now available for test drive. But, there’s a catch. You’ll have to wait several months if you...
by - March 27, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries