VW reports global sales upturn
- November 14, 2019
- Posted by: Simon Wait
- Category: Industry News
Rising demand in China and Europe helped the Volkswagen brand deliver 562,200 vehicles worldwide in October, 8.8% more than in October 2018.
It reported significant growth in China (7.5%), the brand’s largest single market, and Brazil (1.6%), with deliveries rising despite shrinking overall markets. There were further sharp increases in deliveries in the European market (23.4%) and the home market of Germany (40%).
Volkswagen sales board member Jürgen Stackmann, said: “Overall, deliveries by the Volkswagen brand in October were very strong. This was in part due to a basic effect from the weaker performance in Europe in October 2018 as a result of WLTP, but was also attributable to the very positive sales strength of our important business with China.
“That is a great success, particularly given the current challenging macroeconomic environment. Especially in uncertain times like the present, customers rely on our strong brand with its modern and attractive model portfolio from small electric car to premium SUV.”