Monday 19 October 2015

VW passenger car sales remain resilient

Volkswagen Group claims its total sales from January to September remained almost stable compared with the prior-year level, with 7.43 million vehicles handed over to customers worldwide.
Overall, developments in Europe were positive, according to the company. The period just includes the announcement by West Virginia University that having tested two of VW’s passenger cars it found them to have devices which allowed them to cheat EPA emission requirements.

Western Europe in particular reported growth; most countries in Central and Eastern Europe following suit, although this was not sufficient to offset the downturn in Russia. Deliveries in the United States also rose slightly.

The company said it improved its performance in China, with deliveries in September almost on a par with the prior year.

Group brands grew deliveries by 3.5 per cent on the overall European market in the first three quarters, handing over a total of 3.07 million vehicles to customers.

In Western Europe, 2.62 million customers took possession of a new vehicle, an increase of 6.1 per cent. The situation in Germany also remained positive; 971,200 vehicles were handed over to customers on the home market, representing an increase of 4.6 per cent in the period to September.  

Volkswagen also recorded growth on other markets in Western Europe. Above all Spain (+17.5 per cent) and Italy (+9.1 per cent) have seen strong growth since the beginning of the year.

As a result of the continued tense situation in Russia, there was a downturn in deliveries in Central and Eastern Europe, where the Group handed over 451,600 vehicles in the period to September, of which 127,300 units were delivered on the tense Russian market.

Group deliveries in the North America region from January to September were up 5.8 per cent to 693,100 units, of which 453,500 – an increase of 3.2 per cent – were handed over in the US, the region's largest market.

The South America region continues to feel the effects of the challenging situation in Brazil, the region's largest market, where deliveries by the Volkswagen Group fell by 33.4 percent to 308,600 vehicles in the period to September. As a result, deliveries in the entire region dropped to 439,700 units.

Volkswagen delivered 2.88 million vehicles in the Asia-Pacific region in the first three quarters, of which 2.58 million were handed over in China, the Group's largest single market.


Overview of deliveries by the Volkswagen Group:

Deliveries to customers
by markets
September
2015
September
2014
Change (%)
Jan.-Sept.
2015
Jan.-Sept.
2014
Change (%)
Europe
375,100
361,300
+3.8
3,073,900
2,970,600
+3.5
Western Europe
323,400
309,000
+4.7
2,622,300
2,471,200
+6.1
      Germany
106,700
105,100
+1.5
971,200
928,500
+4.6
Central and Eastern Europe
51,600
52,400
-1.4
451,600
499,400
-9.6
      Russia
15,400
20,800
-26.0
127,300
204,000
-37.6
North America
74,800
70,600
+6.0
693,100
655,100
+5.8
      USA
48,100
44,800
+7.3
453,500
439,600
+3.2
South America
48,200
72,200
-33.3
439,700
586,400
-25.0
      Brazil
31,300
57,300
-43.7
308,600
463,600
-33.4
Asia-Pacific
353,700
356,700
-0.9
2,878,200
3,003,300
-4.2
      China
318,400
320,800
-0.8
2,578,200
2,720,000
-5.2










                                          VW pssenger car brand

Meanwhile, the  Volkswagen passenger cars brand delivered 1.30 million vehicles on the overall European market in the first three quarters, an increase of 3.1 per cent. Growth was primarily attributable to Western Europe, where deliveries increased by 6.3 per cent to 1.15 million units. While deliveries in the home market of Germany in the period to September grew 4.3 per cent to 448,500 vehicles, the rise in brand deliveries in the UK (+6.9 per cent) and Spain (+15.3 per cent) was even stronger.

In contrast, deliveries in Central and Eastern Europe continued to decline (-16.2 per cent). This is chiefly due to the tense situation in Russia, where the brand handed over 56,000 vehicles to customers during the same period. The 40.3 per cent downturn could be only partially offset by other markets in the region.

Volkswagen passenger cars delivered 443,300 vehicles in the North America region from January to September, an increase of 2.5 per cent. Deliveries started to pick up slightly in the US, where Volkswagen handed over 26,100 vehicles to customers in the month of September – a modest increase of 0.6 per cent.

The South America region continues to feel the effects of the challenging situation in Brazil, where deliveries fell 32.6 per cent to 267,500 units. As a result, deliveries in the South America region in the period to September declined by approximately one quarter.

The brand delivered 2.08 million units in the Asia-Pacific region in the first three quarters, of which 1.91 million vehicles were handed over to customers in China (incl. Hong Kong).
























No comments: