Vw Reports Big 10.3% Rise in November
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Volkswagen AG continues to report increase in their sales. In November, the automaker announced a 10.3 % sales raise worldwide, etching a remarkable all-time high.
Overall, VW delivered 324,000 vehicles to customers. Vehicle deliveries increased 8.8% for the period starting January to November. Auto shoppers around the world purchased 3.37 million Volkswagen brand vehicles, the highest number ever for such a period.
These impressive sales figures confirm our innovative customer-oriented product policy and the sustained growth of the Volkswagen brand with its increasingly broad model range. After eleven months we have already delivered almost as many vehicles as we did during the whole of the 2006 record-breaking year, said Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen AG and the VW brand.
The intense product offensive will be stepped up further in 2008. The modifications are not only restricted to the auto parts accessories such as the VW mirror switch, engines, fender, equipment and more. Matter of fact, in conjunction with the Tiguan, the Volkswagen brands upcoming world premieres will be the Passat Coupé and the new Scirocco. Additionally, the BlueMotion family of environmentally friendly product lines will have increased from the current seven to ten models by next spring.
Of the ten VW brandâ ™s biggest individual markets worldwide, the highest increase in sales so far during 2007 came in Brazil, with a raise of 34.7%. 448,000 VW models were delivered here from January to November. This was followed by China, also Volkswagens largest individual market, with a plus of 28.0% with 726,000 deliveries and Argentina with a surge of 21.3% accounting for 94,000 deliveries.
VW, the biggest automaker in Europe, expects growing sales in South America and China to offset a slowdown in Germany, its home market, as well as in the United States.
Automakers are increasingly looking to developing markets to expand. For the first eleven months of 2007, the firm saw sales in Brazil increase 35% compared to the same period a year earlier while sales in China were nearly 30% higher.
The positive news came after the German automaker opened its first car factory in Russia in November, after Toyota, Renault, Ford and Kia also invested there, BBC News reported. Also, VW has forecast that total sales in all its units would reach the six-million mark this year.