Friday, 23 December 2016

Volkswagen grows in November to turn he corner and post an YTD increase.

  • 7.5 percent rise in November compared with previous year
  • China continues to drive positive trend
  • Brand Board Member for Sales Jürgen Stackmann: “Good performance in November, Volkswagen will end 2016 on a high note”
The Volkswagen Passenger Cars brand recorded a clear improvement in worldwide deliveries in November compared with the previous year. 
533,500 vehicles were handed over to customers worldwide, representing an increase of 7.5 percent. 
A total of 5.4 million vehicles were delivered from January to November, 1.6 percent up on the previous year. Jürgen Stackmann, Volkswagen Brand Board Member for Sales, commented: “China continued to drive the positive trend in November. 
There was also positive momentum on some markets in Western Europe, the USA, and India. Given the current challenging market environment, a 7.5 percent increase is a respectable result. 
The Volkswagen brand is on the right track and will end 2016 on a high note.”
Overview of deliveries by Volkswagen Passenger Cars:
Deliveries to customers by marketsNovember
2016
November
2015
Change
(%)
Jan. - Nov.
2016
Jan. - Nov.
2015
Change
(%)
Europe137,100139,100-1.41,557,9001,580,200-1.4
Western Europe116,100119,600-3.01,353,9001,389,500-2.6
Germany44,30052,700-16.0*519,100555,800-6.6
Central and Eastern Europe21,10019,500+8.2204,000190,700+7.0
Russia7,0007,600-7.766,60070,500-5.4
North America51,40044,600+15.3521,700539,300-3.3
USA29,70023,900+24.2285,700318,500-10.3
South America28,90032,500-10.9305,400431,100-29.2
Brazil19,70023,500-16.3196,700314,800-37.5
Asia-Pacific297,600262,600+13.32,854,4002,584,300+10.5
China285,000247,000+15.42,696,3002,394,500+12.6
Worldwide533,500496,100+7.55,419,9005,335,700+1.6
*Systemic decline attributable to an extension in the leasing term
The main trends in November were as follows:
  • At 44,300 units, deliveries on the home market of Germany in November were down 16.0 percent, a significant decrease compared with the previous year. This was primarily attributable to a systemic decline due to an extension in the leasing term for employees. In the first eleven months of the year, the German market decreased by 6.6 percent.
  • Some of the major markets in Western Europe put up a good performance compared with the previous year;
    France: +13.6 percent, Spain:+13.1 percent, Italy: +12.6 percent. This was mainly due to strong demand forthe Tiguan and Touran models.
  • 29,700 vehicles were delivered in the USA, a substantial increase of 24.2 percent compared with the previous year. Among other things, there has been a statistical effect as a result of the withdrawal of diesel engines in the USA from October 2015.
  • Deliveries in Brazil ran at 19,700 units, a decrease of 16.3 percent compared with the previous year. The downward trend was slower than the overall downturn for January-November (-37.5 percent). This was attributable to full resumption of production along with successful marketing measures.
  • China, Volkswagen’s largest sales market,was once again the key driver of the positive trend in November, with 285,000 vehicles (+15.4 percent) handed over to customers. This represents an increase of 38,000 vehicles compared with 2015. The Middle Kingdom set a new record for deliveries in November as well as for the period from January – November.
  • 3,400 vehicles were handed over to customers in India, a substantial increase of 37.8 percent compared with the previous year. The rise is attributable to the successful launch of the Ameo designed specifically for the Indian market.

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