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VW brand sees rising sales in July

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VW brand sees rising sales in July

The namesake Volkswagen passenger car brand enjoyed a rather modest growth last month, of 4%, as advances in the core region and China only slightly offset declines in other parts of the world, such as the US or Brazil.

The core VW brand managed almost the same growth for the seven months tally, reaching 3.56 million cars in the January to July period, an increase of 3.8% over the same period last year.

“We are pleased with the way the Volkswagen Passenger Cars brand has started the second half of the year. The Asia-Pacific region tops the delivery table, followed by Western Europe. But we are still facing challenging market developments in some sales regions”, said Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand.

The Wolfsburg-based company revealed that sales in July were of 491,600 units, as opposed to 2013′s tally of 472,800 cars and SUVs. In Europe, the Western part was the main driver of growth, with 517,200 autos delivered through July (an advance of 5%). Russian sales fell 15.7% on the other hand. China jumped 17.9% to 1.6 million units in the period.

Meanwhile, North America was down 8% overall, with a steeper 13.6% decline in the United States. South America was even worse, falling 20.1% overall, with a 15% decline in Brazil.

by Aurel Niculescu (my Google+) - Wednesday, August 13th, 2014 - filed under Industry, News, Sales Reports, Volkswagen. Image credit: .
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