VW expects to achieve record sales also in the second half of the year

Article by Christian Andrei, on July 15, 2011

Volkswagen AG posted a record of 4.1 million deliveries in the first half of 2011 and stated that it expects to continue doing better than the market in the second half of 2011. Sales of the company’s brands, Audi and Skoda included, increased 14 percent for the first half of the year. According to the company, international industry sales rose 6.1 percent during the same period.

The company’s head of sales, Christian Klingler, has expressed confidence that VW can outperform the international vehicle market with “plenty of hard work” lying ahead.

The company is banking on the growth in India, Brazil, China and Russia in order to help surpass Toyota Motor Corp. as the largest vehicle manufacturer in the world by 2018. VW has estimated its international sales to rise 5 percent this 2011 after posting a record 7.2 million deliveries in 2010.

Based on the Automotive News Data Center, Toyota ended the year 2010 with 8.42 million vehicle units, ahead of General Motors, which obtained 7.56 million, and VW Group, which achieved 7.14 million.

It’s likely that the order of finish in 2011 would be dramatically different. Jeff Schuster, who is a J.D. Power & Associates executive director of automotive forecasting, stated that they are looking at a three-horse race with Toyota probably falling from No. 1 to No. 3 due to the damage that resulted from the March earthquake in Japan.

He added that in the wake of the disaster, it will be “extremely difficult” for Toyota to retain the international sales title. Schuster anticipates GM to finish the year as No. 1 in international sales and VW at No. 2, which would be a first for the German company.

Topics: vw, sales

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