Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Or Login with

Sign in with facebook
Sign In with google

Sign up to CarWale

Please enter your name
Please enter your mobile number
Please enter your password
Please enter your password

Volkswagen Group records sales growth in the first half of 2018

August 02, 2018, 04:01 PM IST by Bilal Ahmed Firfiray
Volkswagen Group records sales growth in the first half of 2018

-    The German giant posted a record number of deliveries, sales revenue and earnings in the H1 2018 globally.

-    In the period from January to June, the Group’s sales revenue increased from 115.3 billion Euros to 119.4 billion Euros year-on-year.

-    Globally, the Volkswagen Group delivered 5.5 million vehicles to customers in the first half of 2018.

The Volkswagen Group registered a profitable growth globally in the first half of 2018. The German giant registered a record delivery, sales revenue and earnings between the periods of Jan-June 2018 across the globe. The company’s revenue in this period increased by 3.5 per cent to 119.4 billion Euros (approx. Rs 95,000 crores) compared to 115.3 billion Euros in the same period last year.

The Group’s profit for the first six months (after tax) was up by 2.1 per cent year-on-year to 6.6 billion Euros. The operating profit increased from 8.9 billion to 9.8 billion Euros. However, the expenditures of 1.6 billion Euros related to the diesel crisis were recognised in the second quarter of this year. 

Dr Herbert Diess, CEO of Volkswagen AG, commenting on the sales for the first six months, said, “The Volkswagen Group performed successfully in the first half of the year, with very solid growth in sales revenue and earnings. We also delivered more vehicles than ever before. However, we cannot rest on our laurels because great challenges lie ahead of us in the coming quarters – especially regarding the transition to the new WLTP test procedure. Growing protectionism also poses major challenges for the globally integrated automotive industry.”

Globally, the Volkswagen Group delivered 55 lakh vehicles to customers in the first half of 2018. This means an increase of 7.1 per cent compared to the same period last year. 

Tags:Volkswagen,Volkswagen Passat,passat
Show CommentsHide Comments

Volkswagen Passat Price in Popular Cities

CityOn-Road Prices
Bangalore₹ 32.86 Lakhs onwards
Chennai₹ 31.56 Lakhs onwards
Hyderabad₹ 31.3 Lakhs onwards
Kolkata₹ 29.09 Lakhs onwards
New Delhi₹ 30.95 Lakhs onwards
Mumbai₹ 31.56 Lakhs onwards
  • Upcoming Cars

Mahindra e20 NXTMahindra e20 NXT

Jul 2019

6L - ₹ 8L
Mahindra eKUV100Mahindra eKUV100

Dec 2019

8L - ₹ 9L
Jeep RenegadeJeep Renegade

Jan 2020

12L - ₹ 17L
BMW New X5BMW New X5

Apr 2019

70L - ₹ 90L
Mercedes-Benz GLE NewMercedes-Benz GLE New

May 2019

65L - ₹ 80L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in