Volkswagen Group makes another delivery record
The Volkswagen Group is in news again for its another delivery record. The company has held its own on the automotive markets of the world in the initial 9 months of year 2010 and has registered another delivery record. The company successfully handled more than a total of 5.37 million vehicles to customers. In merely September, the deliveries increased by 7.9 percent to 663,100. Group Board Member for Sales Christian Klingler commented that they are quite content with developments. They anticipate the Group will set another new record for full-year deliveries. Even though a positive trend is expected for the automotive industry, they nevertheless remain cautious. He further added that Volkswagen will carry on rejuvenating its innovative and environmentally friendly model range and thus maintain the sales momentum.
Again, the Volkswagen Group has gained high growth on key markets such as China and the USA. Deliveries in the first nine months grew 39.0 percent to 1.48 (1.06) million vehicles in China and to 267,500 (220,600; +21.2 percent) units in the USA. Volkswagen Group deliveries in the Asia Pacific region also ramped up, rising 39.7 percent. Deliveries on the European market were also up on the prior year. The Volkswagen Group delivered 2.50 million vehicles, a slight increase compared with the period January to September 2009. The overall market contracted by 2.3 percent. Europe’s largest automaker also continued its upward trend in Russia. The Volkswagen Group stayed on its growth path in West European markets as well, with deliveries raising by 15.5 percent.
On the other hand, the German automobile market, continued to decline. The market contracted by 27.5 percent during the early 9 months because of the impact of the scrapping premium. The Volkswagen Group performed better than the market, delivering 770,000 (954,200; -19.3 percent) vehicles to customers. In the first nine months, the Volkswagen brand delivered a total of 3.39 (3.02; +12.2 percent) million units. During this period, the brand continued its rapid growth on the Indian market. The brand also registered a pleasing growth on other markets such as China, the USA and Russia.
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