VW passenger cars 11.5% sales growth for January-August 2012: Volkswagen India sales decline for past 5 months
Volkswagen has registered a growth of 11.5% during the period from January to August due with sale of 3.72 million units. This led to an increase of 19.7% for the month of August. There were 466,300 units that were sold in the month of August as compared to the 389,600 units sold in August 2011. The European market saw an increase of 2.0 percent with the sale of 1.15 million units. Central and Eastern European saw an increase in deliveries by 36.6 percent while Russia saw an increase of 62.8%. The German market didn’t fare so well and registered a drop in sale by 5.3% owing to difficult market conditions. The German home market registered an increase of 1.6% with sale of 401,200 units.
In the Asia-Pacific region, the brand saw an increase of 15.8% with China leading with sales of 1.32 million units. The American markets too saw an increase in sales with the North American, USA and South American markets registering an increase of 26.0%, 37.6% and 10.8% respectively. Sales in India has been poor with Volkswagen unable to register sales increase ever since April 2012.
VW has been dealing with sales decline ever since April 2012. Car sales decline of 16.3% was registered for April and June 2012 with 15,539 units sold. In response, production was reduced by 30% to 17,533 units for the quarter. In June 2012, VoW sold 5,371 cars as compared to 5,397 cars sold in June 2011 here. In July 2012, Volkswagen India sold 5,357 units registering 20% sales decline when compared to uly 2011. 3,498 Polo hatchback units and 1,546 Vento sedan units were sold. Current sales trends aren’t conducive to Volkswagen Group’s 10% share targets in the Indian market by 2018. For January to June 2012, 3.4% sales decline has beein recorded for VW India with 36,386 cars sold as compared to 37,678 units sold in Q1 and Q2 of 2011.
Auto news release: Volkswagen Passenger Cars delivers 3.72 million vehicles in period to August / +11.5 percent
Volkswagen Passenger Cars increased deliveries to customers in the period from January to August by 11.5 percent to 3.72 (January-August 2011: 3.34) million vehicles. The brand reported a 19.7 percent increase for the month of August, handing over 466,300 (August 2011: 389,600) units. “Developments at Volkswagen Passenger Cars remain very stable and the brand enjoyed growth in August, some of it strong, particularly outside Europe. However, the ongoing difficult market environment in Western Europe continues to demand our undivided attention”, Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand, said.
Volkswagen Passenger Cars handed over 1.15 (1.13) million vehicles to customers on the overall European market in the period to August, representing an increase of 2.0 percent. The brand generated growth in particular in Central and Eastern Europe, where deliveries rose by 36.6 percent to 177,900 (130,200) units. In Russia, the region’s largest single market, deliveries increased to 108,900 (66,900; +62.8 percent) units. In Western Europe (excluding Germany), on the other hand, the number of vehicles handed over to customers fell by 5.3 percent to 574,500 (606,400) as a result of the difficult situation on the overall market. On the home market of Germany, Volkswagen Passenger Cars increased deliveries by 1.6 percent to 401,200 (394,700) units.
In the Asia-Pacific region, the brand grew deliveries 15.8 percent from January to August, handing over 1.46 (1.26) million vehicles to customers, of which 1.32 (1.13; +16.3 percent) million units were delivered in China (incl. Hong Kong), the region’s largest single market. The brand also performed very well on the American continent in the period from January to August, increasing deliveries in the North America region by 26.0 percent to 404,000 (320,700) units. Growth was especially strong in the USA, where customers took possession of 286,800 (208,400; +37.6 percent) new vehicles in the period to August. In South America, deliveries rose by 10.8 percent to 567,300 (511,700) units.