Volkswagen Continues Growth in July. China Largest Market

AutoInformed.com

VW deliveries in North America were 280,900 up 22.0% in year to July.

The Volkswagen Passenger Cars brand delivered 2.95 million vehicles to customers worldwide in the period January to July, the company said in Wolfsburg. This denotes an increase of 12.5% on the comparable prior-year period (January-July 2010: 2.62 m). The Volkswagen brand reported a higher increase of 17.2% for the month of July, with deliveries totaling 419,000 (July 2010: 357,600) units.

Despite ongoing EU economic woes and profligate government debts, Volkswagen deliveries in Europe totaled 1.02 million models to customers in July (0.94; +8.1%), of which 556,500 (541,500; +2.8%) were delivered in Western Europe excluding Germany. Deliveries on the home market of Germany were, not surprisingly, better, with 352,700 (325,100; +8.5%) vehicles handed over to customers.

Volkswagen Passenger Cars also reported a strong increase in Central and Eastern Europe, where 111,800 (77,700; +44.0%) units were delivered from January to July. The VW brand doubled deliveries in the single market of Russia to 56,500 (27,500; +105.0%) vehicles.

“The Volkswagen brand has made a good start to the second half of the year with a strong delivery performance in July. Our young and innovative product range has helped us maintain the brisk momentum,” Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand, commented in Wolfsburg.

In the Asia-Pacific region Volkswagen delivered 1.10 (0.95; +15.9%) million vehicles during the first seven months of this year, of which 991,800 (878,700; +12.9%) units were in China, the largest single VW market.

VW deliveries in North America were 280,900 (230,100; +22.0%) vehicles in year to July. In the South America region, 444,100 (413,300) units were delivered to customers during the same YTD period, a rise of 7.5%.

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