The German automaker announced that sales of its core passenger-car brand rose 2 % in October, “despite ongoing economic uncertainty” in certain markets.
Deliveries at VW’s namesake brand increased to 511,400 cars and sport-utility vehicles from 501,400 a year earlier, the Wolfsburg-based company said yesterday. Ten-month sales were up 3.4 % at 4.88 million, with double-digit growth in China, VW’s largest market, outweighing a 5.3 % drop in Europe.
“Deliveries by the Volkswagen Passenger Cars brand made satisfactory progress in October despite the ongoing economic uncertainty in some regions. We continued to grow in the Asia-Pacific region where deliveries in China, our largest single market, remained very encouraging”, Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand.
Business on the overall European market remained difficult, with the Volkswagen Passenger Cars brand delivering 1.37 (last year 1.44; -5.3 %) million vehicles in this region in the period to October, of which 682,200 (719,100; -5.1 %) units were handed over in the Western Europe region (excluding Germany). At 464,100 (501,300) units, new car deliveries to customers on the home market of Germany from January to October were down 7.4 %.
In the North America region, Volkswagen Passenger Cars grew deliveries in the period to October by 0.9 % to 513,100 (508,500) units, of which 343,000 (357,400; -4.0 percent) models were handed over to their new owners in the United States.
In contrast, the positive momentum for the brand in the Asia-Pacific region continued in the period to October with Volkswagen growing deliveries there by 16.2 % to 2.20 (1.89) million vehicles.