Volkswagen passenger car sales surge by 10.4 percent globally
Subscribe to NewsletterPlease fill your name and email ID to get our daily auto news mailer.
The passenger car arm of the German automaker, Volkswagen AG has disclosed its sales figures for the period January to July 2012 showcasing an impressive catapult of 10.4 percent globally. The sales during the period under review were recorded at 3.26 million vehicles as compared to the sale of 2.95 million vehicles scored during the same period last year.
Despite of adverse market conditions persisting in the whole of Europe, the sales in the month of July witnessed a hike of 11.9 percent with major contribution from Central and Eastern Europe. The global sales in July 2012 stood at 4,68,300 vehicles as compared to 4,18,600 units sold in the concerned month last year.
In the European continent, the sales registered in the first seven months of the current year were 1.05 million vehicles surging by 2.5 percent as compared to the same period in 2011. However, the contradiction to the rising sales was made by the sales recorded in Western Europe that saw a dip of 5 percent in sales.
The Central and Eastern European markets showed highly positive response for Volkswagen Passenger Cars brand evident with the 40.4 percent surge in sales quantum. The sales in its parent country, Germany was tallied at 3,61,400 units rising by 2.5 percent in comparison to the sales during the period under review in 2011.
In the American market, the sales in North America surged by 23.4 percent from 2,80,900 vehicle to 3,46,700 vehicles, while the sales in South America jumped by an average 6.4 percent during the period under review. In the Asia-Pacific market, the total sales increased by 15.1 percent with the major sales driven by its largest market in the region, China to the tune of 1.14 million vehicles.
- A look at top 5 things about Maruti Suzuki SX4
- New Tata Nano Twist to be launched in January 2014
- Government mulling over trade barriers to not hamper exports
- Auto companies preferring India over China to manufacture vehicles
- Yash Raj Films and BMW Motorrad enter into a partnership
- Mercedes-Benz India redefines luxury by inaugurating ‘Centre of Excellence’
- Indian Motorcycles to launch in January
- Hyundai launches performance sub-brand N
10 December 2013, 11:30 IST by CarTrade Editorial Team
The rivalry in the passenger car segment of Indian market is set to stiffen in 2014 as popular brands will be going head-to-head in order to maximise profit levels. The competition is going to be...
09 December 2013, 09:41 IST by CarTrade Editorial Team
For the Japanese car maker Honda, India has always been an important market in which company has performed well ever since its entry. Over the years, the company has introduced several models,...
07 December 2013, 11:39 IST by CarTrade Editorial Team
As soon as the next-generation Honda City was unveiled, excitement levels in the entire Indian car market rose significantly. Now with the inclusion of diesel technology, Honda is putting high...
06 December 2013, 10:35 IST by CarTrade Editorial Team
The launch of Honda City diesel is among most anticipated events in the Indian car market at present. This mid-size sedan from Honda, which was unveiled earlier, has been gathering a huge amount...