Volkswagen Group First-Half Sales Exceed 4 Million Vehicles for First Time
Volkswagen AG, Europe’s largest automaker, said global first-half deliveries exceeded 4 million cars and sport-utility vehicles for the first time, powered by demand in all markets.
Sales at VW’s namesake car division rose 12 percent in the first six months of the year to 2.53 million vehicles, the Wolfsburg, Germany-based company said today in a statement. Deliveries in June gained 9.8 percent to 438,500 vehicles. The manufacturer will release sales figures for all its brands, including the Audi, Bentley and Lamborghini marques, on July 15, reported Bloomberg.
“Volkswagen continues to stay on the accelerator in all markets and vehicle segments,” Chief Executive Officer Martin Winterkorn said late yesterday at a reception in Berlin.
Volkswagen is counting on growth in Brazil, Russia, India and China to help surpass Toyota Motor Corp. as the world’s biggest carmaker no later than 2018. VW has forecast global sales will increase 5 percent this year after posting a record 7.2 million deliveries of cars, SUVs and vans in 2010.
The German manufacturer said last month that it will expand third-quarter production of the VW Golf hatchback and Tiguan compact SUV at its main factory in Wolfsburg to meet strong order growth. VW will maintain reduced-shift production during workers’ three-week summer vacation at two German plants and add several weekend shifts following the summer break.
VW may post “good” results for the first six months, Winterkorn said, without specifying numbers. The carmaker is scheduled to publish first-half earnings on July 28.
The sales expansion at VW’s main automotive unit was powered by a 22 percent jump to more than 237,700 vehicles in North America, a 13 percent gain to 852,800 units in China, the carmaker’s biggest market, and a 42 percent surge to 92,300 vehicles in central and eastern Europe, VW said today.
VW plans to invest 51.6 billion euros ($71.8 billion) in its automotive business over the next five years, with an additional 10.6 billion euros to be spent through its two joint ventures in China, the world’s largest auto market. VW will hire more than 50,000 workers through 2018 to increase full-year sales to more than 10 million vehicles.
Winterkorn said yesterday that no decisions have been made yet on plans by the Audi luxury brand to build a factory in North America, though “very intensive discussions” to that end are ongoing. Audi may build an engine and transmission plant, which could be shared with the VW brand, according to an Automotive News Europe report this week that cited unidentified company officials.
Volkswagen aims to seize the “great potential for growth” in the commercial-vehicle market by pushing for a three-way alliance of its van division with MAN SE, the Munich-based truckmaker that the car manufacturer is buying, and VW’s Scania AB division in Sweden, Winterkorn said.
VW will own 55.9 percent of MAN’s voting rights following regulatory clearance of a tender offer that ended June 29. The carmaker aims for the three-way combination to save as much as 1 billion euros in vehicle-development and purchasing costs.
“VW wants to and will use those chances,” the CEO said. “The basis for this is substantial cooperation between MAN, Scania and VW in all areas.”
More Industry

Pennsylvania Dealership Under New Retailers
The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.
Read More →
Battery Storage Takes Priority Over EVs
U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.
Read More →
Auto Dealers Feel Better But Not Great
A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.
Read More →
New-Vehicle Sales Picture Relative
A May forecast is complicated by last spring’s trade tariff effects on auto retail. Despite continued hard realities, many consumers took advantage of ways to bite the bullet.
Read More →
Auto Group Acquires Third Nissan Rooftop
Iowa-based Coleman Automotive Group recently acquired its seventh dealership, McGrath Nissan, which it renamed Nissan of Elgin.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Building an Extraordinary F&I Agency
Work to determine your specialized talent, because that fact will determine everything about your agency’s future.
Read More →
Recipe for Compliance
The secret to both amazing barbecue and compliance is the same: understanding the basics and committing to a process.
Read More →
EVs Getting More Attractive
A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.
Read More →
EV Sales Drop in April Following Surge
North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.
Read More →