Volkswagen Group global sales decline marginally in February 2017
Published on Wed, 22 Mar 2017
Volkswagen Group in a media released announced that in the first two months of the 2017, the company overall delivered 1.5 million vehicles (including all brands) to its customers worldwide. In February, the Volkswagen Group sold over 686,900 vehicles globally with its sales declining marginally by 0.9%. The company sold a total of 693,200 units in February 2016.
Mr Fred Kappler Head of Group Sales of Volkswagen Aktiengesellschaft, summarizing the figures for February said that "February shows the different development of markets in the various regions. We are experiencing a tailwind in Central and Eastern Europe as well as North America and were able to increase deliveries by the Group, in some cases significantly, in these regions. On the other hand, deliveries in Germany and the Asia-Pacific region remained below the previous year's level. However, we expect that we can once again look forward to healthy growth in China this year. Together with our Group brands, we are working on qualitative growth.”
In Europe, the Group handed 620,100 vehicles over to its customers in the first two months of the year (+2.6 percent) including 307,200 in February. In Central and Eastern Europe, Group deliveries in February grew by 11.6 percent to 55,500 vehicles. In Russia, the Group delivered 13,100 vehicles, an increase of 6.3%. In February, 251,700 vehicles were handed over to customers in Western Europe, including 97,400 units in the home market of Germany.
In North America, the Group delivered 67,300 vehicles in February, achieving growth of 8.0%. Of this figure, 42,800 deliveries were recorded in the USA a rise of 13.3%. In South America, the Group delivered 35,400 vehicles (+4.1%).
Deliveries in the Asia-Pacific region in February reached 248,400 vehicles. In total, 616,500 new vehicles were handed over to customers in the region in the first two months of the year. This figure included 223,000 new vehicles delivered to customers in China in February, corresponding to a slight fall of 1.9%.
Global sales of Volkswagen Passenger cars declined by 2.6%, Audi's sales were down by 1.1%. However Skoda, SEAT and Porsche continued to grow in February 2017.
Source : Economic Times