Volkswagen Brazil has reported its best export result for a first half year since it started shipping vehicles to other countries in 1970.

Between January and June the automaker sold 97,314 fully-assembled vehicles to foreign markets – an increase of 30.4% compared with the 74,642 units exported in the same period of 2003.

According to Volkswagen do Brasil, this resulted in a profit of about $US700 million.

In the first half of 2004, the main market for Brazilian-made Volkswagen vehicles was Mexico. The automaker shipped 42,936 vehicles and its Gol model is the best-selling car in the country.

Argentina and the United States were the next two biggest markets.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The Gol, uniquely made in Brazil, was VW’s top export in the first half of the year with 51,167 sold to more than 20 countries. The previous-generation Golf was the second most exported car at 14,042 units.

Volkswagen do Brasil announced the half year record one week after celebrating the export of 1.5 million vehicles.

It expects to export over 185,000 Brazilian-made vehicles in 2004.

Rogério Louro