Volkswagen Group Sales Up 4.7% Through October

VolkswagenVolkswagenGermany, 1938 > present98 models
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Group has sold 7.85 million cars from January to October, a 4.7% increase from the previous year. It sold 818,900 cars in October, a 3.8% increase. It is expecting to sell 9.5 million vehicles for the full year.

"Following a good start to the fourth quarter, the Group expects record deliveries for the full year. Although uncertainty in Europe continues, the first signs that markets are stabilizing are emerging," said VW Group sales and marketing boss Christian Klingler.

European market sales have fallen 1.8% to 3.05 million cars from January to October. Of the major markets, Western Europe has had a 1.1% decline, Germany a 3.1% decline, Central and Eastern Europe a 1.6% drop and Russia a 4.4% fall.

North American sales are up 7.8% for the year through October to 734,200 cars. The United States has seen 5.7% growth in that period to 508,300 cars.

South American sales have fallen 9.9% through October to 758,000 cars. The group has sold 561,900 cars in Brazil, a 12.7% drop.

Asia continues to be VW Group’s major region. Sales have grown by 15.6% so far this year to 2.95 million cars. Of those, 2.65 million have been sold in China, a 17.2% increase.

VW Group is also celebrating in November as the 10 millionth vehicle, a VW TiguanVolkswagen Tiguan Gen.1Germany, 2007 > 2015132 versions
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, was built in China by the ShanghaiShanghaiChina, 1958 > 19792 models
-Volkswagen joint venture. The two companies partnered in 1983 to build the SantanaVolkswagen SantanaGermany, 1981 > 20068 versions
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in China. They began developing China-specific models together in 1990 and created a test center in 1997.

Among the group’s brands, VW Cars has sold 4.88 million cars this year, up 3.4%. AudiAudiGermany, 1909 > present83 models
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has sold 1.31 million cars, up 7.5%. PorschePorscheGermany, 1931 > present43 models
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has sold 133,100, up 14.6%. SkodaSkodaCzech Rep., 1895 > present57 models
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sales have fallen 3.3% to 768,700 cars so far this year. SeatSeatSpain, 1950 > present29 models
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is up 11.3% for the year to 295,100 cars. Finally, VW Commercial Vehicles has its sales down 0.1% for the year to 454,800 units.