FastMotoring Motor News In Speed
Volkswagen Group reported that the automaker is clearly exceeded prior-year deliveries, selling over 8 million vehicles for the first time in 2011. Precisely, a total of 8.16 (2010: 7.14; +14.3%) million vehicles were handed over to customers.
[singlepic id=8295 w=630 h= float=]
Developments on the global passenger car market during the same period were also positive; however growth only ran at 5.1%, and Europe’s largest automaker was therefore able to expand its global market share. The Group brands also closed 2011 on a high note, delivering 650,000 (December 2010: 545,600; +19.1 percent) vehicles to customers in the month of December.
“All Group brands reported further gains under difficult conditions on volatile markets. This outstanding result is clearly a team achievement,” the Group Board Member for Sales, Christian Klingler, said. “However, a very challenging year lies ahead. The risks on European markets in particular will multiply in 2012. In spite of this, the Volkswagen Group is well placed and well prepared to master the upcoming challenges and play a leading role on world markets.”
