While Volkswagen Passenger Cars managed record deliveries in the period to October, for the first time passing the five million unit mark so fast, the last month’s figures were not so positive for the carmaker.
The core Volkswagen brand – which has been struggling recently to reach earnings margins closer to the figures posted by sister brands in the group – sold 517,400 autos in October, a 0.4% slide from the same period of 2013. Meanwhile, the January to October deliveries look definitely better, with an increase of 2.6% to 5.08 million units (up from 4.95 million last year).
Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand says “deliveries developed satisfactorily in the period to October – even though conditions in some regions were at times uncertain.” The executive remained confident the brand was on track to surpass for the first time in history the six million threshold.
For Volkswagen, Europe brought mixed results – an overall increase of 2.7% to 1.4 million autos mostly because of growth recorded on the western markets and in the home territory of Germany. Central and Easter European deliveries continued to fall, as did sales in Russia (a steep 20% drop). Steep declines were also accounted in the Americas, while the Asia-Pacific region – especially the largest market, China – remained a Volkswagen stronghold.