Volkswagen Grp sold 2.69mn vehicles from January-May

Published on Fri, Jun 27, 2008 at 18:57 |  Source : Moneycontrol.com

Updated at Fri, Jun 27, 2008 at 21:21  

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The Volkswagen Group sold 2.69 million vehicles worldwide from January to May 2008. This represents an increase of 6.6 percent compared with the same period last year and is yet another new delivery record.

 

Group deliveries increased by 2.0 percent to 553,400 vehicles in May. As a result, the development of deliveries by the Group was significantly better than developments on the world market, where deliveries were down 2.9 percent in May and up 2.3 percent for the period January to May.

 

"Once again, the enormous model diversity of our eight brands has proved itself in an ever more difficult market environment. Both for the month of May and for the period January to May, demand for our cars has developed significantly better than the total industry on European markets, where overall demand is weakening," said Detlef Wittig, Executive Vice President, Group Sales and Marketing, commenting on the Group's delivery figures.

 

In Europe, the Group delivered 1.55 million vehicles (+2.0 percent) to customers, while the Group's eight brands sold 432,700 vehicles (+4.1 percent) in Germany. In Western Europe (excluding Germany), 886,000 vehicles were delivered to customers (-2.5 percent), while 229,500 vehicles were delivered to customers in Central and Eastern Europe, an increase of 18.6 percent compared with the same period last year.

 

The Volkswagen brand, the Group's highest volume brand, delivered 1.57 million vehicles (+6.7 percent) from January to May. Audi delivered 426,200 vehicles (+1.5 percent) and Skoda delivered 301,500 vehicles (+18.4 percent). Seat delivered 170,100 vehicles (-5.9 percent). Deliveries by Volkswagen Commercial Vehicles totaled 216,400 units, a rise of 13.4 percent. Bentley delivered 4,000 models to customers, Bugatti 25 and Lamborghini 1,100. 

 

Sourced From: 20 : 20 Media Pvt Ltd

  

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