Thursday, 23 September 2010

Strong sales for Volkswagen across the board, and more for the future says CEO

Volkswagen continue to prove that their ambitions for title of world largest car and vans manufacturer is not simply empty boasting. CEO Martin Winterkorn has even gone on to claim that as soon as 2018, we could see VW leading the world in both sales and innovative automotive design. VW hopes that its wide range of cars and vans for sale are set to dominate the market.

Its not hard to see why Winterkorn is so optimistic about VWC's future. A record of the first half of this year shows that Volkswagen sold well over 4 million vehicles across the periods of January to July. It only adds to the steam of good news previously attributed to its European divisions. Already the largest European automaker, their performance output rose again by 13 percent for the first half of the year. While in the month of July alone, Volkswagen had sold over 570,000 cars and vans worldwide.

“After a very successful first six months we got off to a good start in the second half of the year. Over the coming months we will continue on our growth path with our model range and will perform better than the competition. However, this will be a challenge, given an operating environment that is again becoming difficult. Now that incentive programs have come to an end, the global automotive market is expected to decline in the second half of the year. There will not be a return to the high pre-crisis levels this year,” - Group Board Member for Sales Christian Klingler

Sales figures for VWC were most significant in the Asia & Pacific regions, with a reported growth rate of 42 percent percent totalling 1.23 million vehicles. China, did well with its own substantial growth of 42 percent. However, pales in comparison to India, with an increase of 121%. The home European markets were no slouch either, with figures totalling 2 million vehicles sold, maintaining its already strong holding with a rise of 2.2 percent. In the Western Europe regions there were gains of 18.4 percent to 1.15 million vehicles. However the home German market remain very low key due to the diminishing returns of the cash for clunkers schemes that took place last year.

The models which preformed the best for VWC were the various people carrying cars/vans as well as Volkswagen's more commercial oriented vehicles. The core brands went on to sell 2.6 million passenger cars and vans during the first half of the year (January to July), at an increase of 14 percent. Demand in China for the already popular models such as the Lavida, Passat Lingyu, Jetta and New Bora only increased as well.

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