Report – Volkswagen thanking China for world sales leadership

Report – Volkswagen thanking China for world sales leadership image

The Dieselgate-embattled German automaker is allegedly preparing for an important milestone this year as it may take the worldwide sales crown away from Toyota thanks to the Chinese performance.

According to a recent report, the Volkswagen Group might actually pull the rabbit out of the hat when no one thought it possible considering the huge impact of the Dieselgate scandal. During the first nine months of the year, the carmaker delivered 7.61 million vehicles worldwide, surging 2.4 percent when compared to the same period in 2015. Meanwhile, Toyota has moved 7.53 million units during the same timeframe, but with a growth rate of just 0.4 percent for the automaker that has held the top spot for the past four years. Additionally, the German company’s increases were accelerating during the third quarter of the year, as during the first sixth months of the year the sales achieved 5.12 million vehicles for a rise of just 1.5 percent.

The sales mix is different for the two companies. For example, Toyota is way better positioned in the United States – but when it comes to the first market of the world, China, VW outsells Toyota about three to one. From the start of the year through September, VW deliveries jumped 11 percent in China, up to 2.58 million units. Reports claim that at the end of the year, the 2015 record of 9.93 million autos will be falling, thanks to continued support from the Audi, Porsche, and Skoda brands.

Via Automotive News Europe

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