Volkswagen passenger car sales worldwide fell 14.1% year on year in January to 246,700 while group sales were off 21.3% to 382,000, the automaker said on  Wednesday (11 February).


“As expected, deliveries by the world’s third largest automaker were below the record levels of the same month in 2008 as a consequence of the global economic and financial crisis, but the group and its core brand nevertheless performed noticeably better than global competition (-24.1%), VW said in a statement.


“In January, global deliveries by the group and the Volkswagen core brand again developed better than was the case for our competitors. Moreover, we were able to extend our market share further in key markets,” sales and marketing head Detlef Wittig said.


He added that sharply contracting overall markets during the first month of this year nevertheless showed that no improvement in the global economic crisis was in sight at the moment.


“Our long-term growth targets remain valid despite the difficult overall conditions,” Wittig said, adding the group was well placed to achieve these targets given its widely varied young model range, innovative environmental technologies plus numerous new model launches in 2009.

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.