GERMANY: Mixed year to date sales at Volkswagen
Volkswagen's VW Passenger Cars brand delivered 4.03m vehicles worldwide this year to the end of August, an increase of 3.4%. August sales, though, inched up just 0.1% to 471,000.
"We are still feeling the effects of the very challenging situation on world markets. However, we also continue to benefit from the tailwind in China and western Europe,"said sales and marketing head Christian Klingler.
European YTD volume was up 2.9% to 1.11m vehicles with western Europe outside Germany up 4.9% to 561,500 and the home market up the same percentage to 382,100. Central and eastern Europe sales fell 7.3% to 163,300 with Russia - where the sales target has just been cut and the Kaluga plant temporaily shuttered - off 18% to 85,000.
Red ink prevailed in the Americas sales charts too with North American deliveries down 7.9% to 387,600 (down 13.4% to 244,900 in the US) and South American sales off a heart-stopping 20.8% to 427,400 with Brazil - also home to VW-making - down 15.6% to 347,000.
In contrast, Asia-Pacific YTD sales rose 15.4% to 1.97m with China (local manufacturing JVs) up 17.1% to 1.83m.
VOLKSWAGEN PASSENGER CARS BRAND DELIVERS OVER FOUR MILLION VEHICLES IN PERIOD TO AUGUST
Wolfsburg, September 9, 2014: The Volkswagen Passenger Cars brand delivered 4.03 (January-August 2013: 3.90) million vehicles in the first eight months of this year; this represent an increase of 3.4 per cent. Volkswagen Passenger Cars handed over 471,000 (August 2013: 470,500; +0.1 per cent) vehicles to customers in August. “We are still feeling the effects of the very challenging situation on world markets. However, we also continue to benefit from the tailwind in China and Western Europe,” Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand, said in Wolfsburg on Tuesday.
Volkswagen Passenger Cars delivered 1.11 (1.08; +2.9 per cent) million vehicles on the overall European market from January to August this year, of which 561,500 (535,400; +4.9 per cent) units were handed over to customers in Western Europe (excluding Germany). There was also a rise in deliveries in the home market of Germany, where 382,100 (364,300; +4.9 per cent) customers took delivery of a new Volkswagen. The brand handed over 163,300 (176,100; -7.3 per cent) vehicles to customers in Central and Eastern Europe in the period to August. 85,000 (103,600; -18.0 per cent) units were delivered in Russia.
Volkswagen Passenger Cars delivered 387,600 (420,700; -7.9 per cent) units in the North America region in the period to August, of which 244,900 (282,900; -13.4 per cent) were handed over to customers in the United States. Deliveries in the South America region from January to August declined to 427,400 (539,400; -20.8 per cent) units, of which 347,000 (411,300; -15.6 per cent) were handed over to customers in Brazil.
Deliveries continued to grow in the Asia-Pacific region, where 1.97 (1.70; +15.4 per cent) million vehicles were handed over to customers in the period to August. Volkswagen delivered 1.83 (1.56; +17.1 per cent) million units in China (incl. Hong Kong) during the same period.
Original source: VW