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Volkswagen Group records 10 per cent global growth in January

February 17, 2018, 03:23 PM IST by Bilal Ahmed Firfiray
Volkswagen Group records 10 per cent global growth in January

Volkswagen Group has started the year on a positive note delivering 8,98,700 vehicles globally in January 2018 registering a year-on-year growth of 10.1 per cent. 

The German giant sold 3,32,600 vehicles in Europe, thus managing an increase of 5.5 per cent compared to the same month last year. The carmaker sold 97,900 units in its home country. Meanwhile, Russian sales grew by an impressive 20.8 per cent, claims the carmaker. On the American soil, the VW Group’s vehicles found 67,900 takers thus growing the demands by 6.7 per cent over January 2017 when it had sold 44,33 units.

In the Brazilian markets, 28,100 vehicles were delivered in January registering a rise of 45.5 per cent. The sales growth in the Brazilian market led to a double-digit growth of 21.2 per cent in the South America region for the VW Group. At the same time, 421,500 vehicles were sold in the Asia-Pacific region, representing a growth of 14.5 per cent. The Chinese market remains to be the biggest one for the German group where a total of 3,98,600 vehicles were sold in the first month of 2018 with a year-on-year growth of 15.9 per cent. Fred Kappler, head of Group sales, commenting on the January sales figures, said, “This is the best start to the year in the history of the Volkswagen Group.”

Volkswagen Group has been in a close fight with the Renault-Nissan-Mitsubishi Alliance for the title of the biggest carmaker in the world in terms of sales. The 2017 sales figures were closely fought between the two giants. Registering a healthy growth in the first month, Volkswagen AG wants to be on top of its game this year especially after the mediocre growth after the infamous diesel gate. The German giant will continue to focus on its EV onslaught in the coming years.   

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