WORLDWIDE DELIVERIES - Volkswagen still not doing the sales, but its been worse, so maybe it is over?

• Over 915,000 units handed over to customers up to end of February.
• Brand Board of Management Member Jürgen Stackmann: "Volkswagen brand deliveries remain almost stable at global level."

Deliveries by Volkswagen Passenger Cars for the first two months of the year remained almost stable at a high level, with the brand handing over more than 915,000 vehicles to customers. 394,400 units were delivered in February, slightly fewer than the same month last year. 

"The second month of this year again reflects the mixed trend in markets and regions", said Jürgen Stackmann, Member of the Board of Management of the Volkswagen Passenger Cars brand responsible for Sales, Marketing and After-Sales, summarizing the situation. 

"Our customers remain loyal to us in what is a challenging period for our company and continue to place their trust in us. 15,000 customers in Europe, for example, have already chosen our new Tiguan since ordering began seven weeks ago", Stackmann commented, and added: "I am looking forward to the market launch in April."

The company handed over 126,400 (+3.7 percent) vehicles to customers on the overall European market in February, thus exceeding last year's already high level. Deliveries in Western Europe also rose (+3.8 percent), mainly as a result of an increase in Italy. Moreover, Central and Eastern Europe recorded a rise of 3.0 percent despite the challenging market situation in Russia.

41,000 vehicles were delivered in the North America region in the second month of the year. In South America, 27,000 vehicles were handed over to customers in a persistently difficult overall market situation.

There was a slight decrease (-3.0 percent) in February in deliveries by the Volkswagen Passenger Cars brand in China as a result of the late Chinese New Year. In total, Volkswagen Passenger Cars delivered 477,400 (+8.1 percent) units to customers in the first two months of the year, more than ever before.

Overview of deliveries by the Volkswagen Passenger Cars brand:

Deliveries to customers by markets	February 2016	February 2015	Change (%)	Jan.-Feb. 2016	Jan.-Feb. 2015	Change (%)
Europe	126,400	121,900	+3.7	247,500	246,800	+0.3
Western Europe	110,500	106,500	+3.8	216,700	215,500	+0.6
Germany	44,600	43,100	+3.6	85,200	85,900	-0.8
Central and Eastern Europe	15,900	15,500	+3.0	30,800	31,300	-1.7
Russia	5,400	5,800	-7.0	9,900	12,000	-17.7
North America	41,000	43,900	-6.7	79,500	85,700	-7.2
USA	22,300	25,700	-13.2	42,400	49,200	-13.8
South America	27,000	38,800	-30.3	56,000	83,900	-33.3
Brazil	18,000	29,800	-39.5	37,500	64,000	-41.3
Asia-Pacific	185,200	193,200	-4.2	505,600	475,200	+6.4
China	170,500	175,700	-3.0	477,400	441,600	+8.1
Worldwide	394,400	413,700	-4.7	915,800	920,800	-0.5