Skip to main content

VW Group Sees Record Sales in 2016

Despite the TDI scandal, Volkswagen AG managed to sell nearly 4% more cars in 2016 than they did the previous year. In all, the group delivered more than 10 million vehicles last year thanks to growing sales at nearly all brands.

The year was a victory, in particular, for the Volkswagen brand, which  started off bearing the brunt of the damage from dieselgate. Thanks to a strong fourth quarter, though, and strong figures in China and Europe, the brand still managed to sell nearly 3% more cars than it did in 2015.

Audi meanwhile, also did well in 2016, with sales rising 3.8%. The luxury brand did well globally, and particularly in America, where it has set seven straight years of sales records.

Meanwhile, Skoda performed very well this year, with sales increasing by nearly 7%. Although SEAT’s 2016 wasn’t quite as big, with an increase of only 2.6%, its December was excellent, selling 8% more vehicles than it did in December of 2015.

Porsche, too, had a remarkable last month of the year. December sales rose nearly 30%, giving them an  increase of 5.6% for the year.

“2016 was a very challenging year for us,”  said Matthias Muller, the group’s CEO. “Nonetheless, we managed to stabilize operating business in difficult conditions: the fact that we handed over more than 10 million vehicles to customers last year bolsters the Group and its brands as we head for the future.”

The post VW Group Sees Record Sales in 2016 appeared first on VWVortex.



from VWVortex http://ift.tt/2j89VoL
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Review: Saying Goodbye to the CC V6

For all its size and its global reach, Volkswagen is still, in many ways, a deeply human company. There was, for instance, the Bugatti Veyron an ego project if ever there was one. Then the purchase of Ducati, a move most called folly. And then there was the Phaeton, the Volkswagen that most folks can’t afford. Not only were these moves all strange, I’m sure that they made VW’s accountants furious. None of them made good business sense, but they were all deeply interesting and they all are evidence of the heart that beats at the center of VW. Among these follies is the CC, a car that everyone agrees is rakishly handsome, but that no one really wanted to buy. The car couldn’t last, but the world is brighter for its having been in it. With the approach debut of the Arteon, it seems like a good time to look back on its sadly departing predecessor. The version I drove, because I live in Canada, is a V6 Wolfsburg Edition, which apparently isn’t available in the States. Nor is the V6, not as...
Post a Comment
Read more

WRC: Volkswagen Motorsport Still Lead the Way Despite Luckless Rally Argentina

Volkswagen’s winning run ends after seven victories and 20 podiums in a row Power Stage victory: “El Cóndor” goes to Sébastien Ogier Eight of twelve stage wins – Polo R WRC sets the pace at the Rally Argentina Volkswagen Motorsport suffered a disappointing result at the fourth round of the FIA World Rally Championship (WRC), but still goes into the coming rally in Portugal leading the Manufacturer, Driver and Co-Driver standings in the World Championship. The toughest rally of the year saw a podium bereft of a Volkswagen driver for the first time since the Rally Australia in 2013. However, the Wolfsburg-based manufacturer can look back proudly on a remarkable run of success that included 20 podiums and seven victories in a row. Sébastien Ogier/Julien Ingrassia (F/F) did manage to win the Power Stage on the final day to pick up three valuable points towards the World Championship. The Volkswagen duos also won eight of the twelve special stages with the Polo R WRC. Andreas Mikkel...
Post a Comment
Read more

More 3.0-Liter TDI Settlement Details Expected by January 31

Volkswagen and the TDI Plaintiff’s Steering Committee were in court today for another status conference following the agreement in principal reached earlier this week. Little new information was given at the conference held before Judge Charles Breyer today, but the court ordered the parties to develop a formal settlement agreement, class action notices, and a class notice plan by January 31, 2017. For now, though, owners still don’t know how much to expect in compensation. Elizabeth Cabraser, lead Counsel for the Plaintiff’s Steering Committee reaffirmed in a statement today that the compensation would be “substantial.” The potential cost to Volkswagen is widely reported to exceed $1 billion, though, with an additional $225 million going into an environmental trust to help offset excess emissions. Buy back offers are still only expected for the oldest 20,000 of the roughly 80,000 VW Group vehicles sold in America with the 3.0-liter TDI engine. Those vehicles are mostly SUVs, like ...
Post a Comment
Read more