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VW Sales Stall in September

Worldwide sales by Volkswagen AG in September totaled 533,700 units, up only 0.2% year on year, as slumping demand in Russia and the Americas offset gains in western Europe.

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Worldwide sales by Volkswagen AG in September totaled 533,700 units, up only 0.2% year on year, as slumping demand in Russia and the Americas offset gains in western Europe.

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VW sales through the first nine months of 2014 were 4.56 million compared with 4.43 million in the same period last year.

Demand in January-September rose 3% across Europe in spite of a 9% drop in central and eastern Europe. Volume surged 14% in Asia Pacific, thanks to a 15% jump in China (including Hong Kong) to 2.07 million.

Sales in the first three quarters fell 8% to 432,700 units in North America and plunged 19% to 488,000 in South America.

Gardner Business Media - Strategic Business Solutions