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VW's 26% sales rise lifts group's deliveries
By George Frey |
December 12, 2009, Saturday
|
Print Edition
Print Edition
VOLKSWAGEN AG's group sales were up 19 percent on the year in November, powered by a strong increase at its core brand, the company said yesterday.
The company, based in Wolfsburg, said it delivered 531,300 cars last month, compared with 446,000 a year earlier.
Europe's largest auto maker said the VW brand alone saw a 25.8-percent increase in car sales to 334,500 from 266,000. Other brands such as Skoda and Seat also saw increases.
"We have exceeded our expectations so far this year," VW sales and marketing official Detlef Wittig said. He added that "our group brands are on the right track."
Wittig warned, however, that the company still doesn't see signs of a strong turnaround in international auto markets for the coming year, which he said will be "extremely difficult."
"Very different developments are expected on markets around the world," he added. "While the upward trend in China is anticipated to continue, we expect a marked decline in the European market in particular."
Demand for nearly every VW model was up, particularly the Golf and Polo, the company said.
Skoda sales climbed 26 percent, and Seat's rose by 8 percent. Deliveries of the luxury Audi brand rose nearly 9 percent overall, with sales in China more than doubling.
In China, VW's biggest market, sales surged by 73 percent to 133,700 vehicles. Sales in the Asia-Pacific region rose 69 percent overall.
South American sales soared 27 percent, while deliveries rose more than 19 percent in Canada and United States sales were up almost 9 percent.
German deliveries in November climbed nearly 19 percent to 102,000 vehicles. VW said a government-funded scrapping premium, which has now expired, contributed to the increase.
In west Europe, excluding Germany, sales were 7.3 percent higher.
Still, VW said the situation in many regions "remains tense." East Europe sales dropped 21.4 percent.
The company, based in Wolfsburg, said it delivered 531,300 cars last month, compared with 446,000 a year earlier.
Europe's largest auto maker said the VW brand alone saw a 25.8-percent increase in car sales to 334,500 from 266,000. Other brands such as Skoda and Seat also saw increases.
"We have exceeded our expectations so far this year," VW sales and marketing official Detlef Wittig said. He added that "our group brands are on the right track."
Wittig warned, however, that the company still doesn't see signs of a strong turnaround in international auto markets for the coming year, which he said will be "extremely difficult."
"Very different developments are expected on markets around the world," he added. "While the upward trend in China is anticipated to continue, we expect a marked decline in the European market in particular."
Demand for nearly every VW model was up, particularly the Golf and Polo, the company said.
Skoda sales climbed 26 percent, and Seat's rose by 8 percent. Deliveries of the luxury Audi brand rose nearly 9 percent overall, with sales in China more than doubling.
In China, VW's biggest market, sales surged by 73 percent to 133,700 vehicles. Sales in the Asia-Pacific region rose 69 percent overall.
South American sales soared 27 percent, while deliveries rose more than 19 percent in Canada and United States sales were up almost 9 percent.
German deliveries in November climbed nearly 19 percent to 102,000 vehicles. VW said a government-funded scrapping premium, which has now expired, contributed to the increase.
In west Europe, excluding Germany, sales were 7.3 percent higher.
Still, VW said the situation in many regions "remains tense." East Europe sales dropped 21.4 percent.
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