Volkswagen AG's primary VW brand recorded an increase in deliveries by 13.7 percent last month to 472,100 units, which showed no indications that the company’s sales are on a slower pace. VW brand volumes improved 12.3 percent to more than 3.81 million cars in the first three quarters as growth was recorded in nearly all markets, the company stated.
Even with signs that the worldwide economy is quickly cooling off, VW is still hitting double-digit increases in deliveries due to strong footholds in rising markets like China as well as on new models like the U.S.-built Passat which aided the sale increases in North America.
Nine-month sales in China were the highest, with volume soaring 11 percent to 1.29 million units. In North America, sales increased 22.2 percent to 362,000, thanks to the sales of the Jetta and the all-new 2012 Passat. In South America, sales increased 6.1 percent to 579,400. In Europe, sales rose 9.9 percent to 1.3 million automobiles, notwithstanding continued economic skepticism in the region.
Of those, 695,900 units were sold in western Europe, not including Germany, an increase of 4.2 percent. Sales in central and eastern Europe were at 151,300 units, an improvement of 46 percent. Sales in VW's German home market improved 10.1 percent to 449,600 from January to September.
VW didn't publicize July figures for individual markets. VW endeavors to outperform Toyota Motor Corp. as the best selling vehicle manufacturer in the world by 2018. In 2010, VW group including brands like Skoda and Audi sold 7.14 million units, behind General Motors Co. with 8.39 million and Toyota with 8.42 million.