Vw posted a 12.5% increase in July 2011 thanks to China, Russia and U.S.

Article by Christian Andrei, on August 16, 2011

For the January to July 2011 period, growth was seen in the VW brand’s new-car sales in all global regions. According to Volkswagen AG, sales were most significant in China, Russia and the Americas. Last Tuesday, VW brand sold 2.95 million units worldwide, a 12.5% increase compared to the first seven months in 2010.

China had the highest seven-month sales, with volume increasing 12.9% to 991,800. North American sales climbed by 22% to 280,900.

South American sales grew by 7.5% to 444,100. Sales in Europe rose by 8.1% to 1.02 million. Of this figure, western Europe (excluding Germany) sold 556,500 units, standing for a 2.8% increase. Meanwhile, sales in central and eastern Europe increased by 44% to 111,800 units.

Sales in VW's German home market rose by 8.5% to 352,700. Russian deliveries went up by 105% to 56,500. For the month of July, the brand's sales increased to 419,000 cars, a year-on-year increase of 17.2%.

VW didn’t provide the July sales figures for the individual markets. Last year, VW group (including Audi and Skoda) sold 7.14 million units. It trailed General Motors Co. with 8.39 million units and Toyota with 8.42 million units. VW has set a goal to beat Toyota Motor Corp. as the world's best-selling automaker by 2018.

Press Release

Volkswagen Passenger Cars Brand Announces Further Growth in Vehicle Deliveries in July

The Volkswagen Passenger Cars brand delivered 2.95 (January-July 2010: 2.62) million vehicles to customers worldwide in the period January to July. This represents an increase of 12.5 percent on the comparable prior-year period. The brand reported an even higher rise of 17.2 percent for the month of July, with deliveries totaling 419,000 (July 2010: 357,600) units.

"The Volkswagen brand has made a good start to the second half of the year with a strong delivery performance in July. Our young and innovative product range has helped us maintain the brisk momentum," Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand, commented in Wolfsburg on Tuesday.

Vehicles deliveries in Europe as a whole developed well, with Volkswagen Passenger Cars handing over 1.02 (0.94; +8.1 percent) million models to customers there in the period to July, of which 556,500 (541,500; +2.8 percent) were delivered in Western Europe excluding Germany. Deliveries on the home market of Germany remained positive, with 352,700 (325,100; +8.5 percent) vehicles handed over to customers. Volkswagen Passenger Cars reported a marked increase in Central and Eastern Europe, where 111,800 (77,700; +44.0 percent) units were delivered from January to July. The brand doubled deliveries in the single market of Russia to 56,500 (27,500; +105.0 percent) vehicles.

In the Asia-Pacific region Volkswagen delivered 1.10 (0.95; +15.9 percent) million vehicles during the first seven months of this year, of which 991,800 (878,700; +12.9 percent) units were handed over to customers in China, the largest single market. Deliveries in North America, where the brand handed over 280,900 (230,100; +22.0 percent) vehicles in the period to July, were also very encouraging. In the South America region, 444,100 (413,300) units were delivered to customers during the same period, a rise of 7.5 percent.

Topics: vw, sales

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