VOLKSWAGEN GROUP HITS ALL-TIME HIGH, WITH 10.74 M SALES - Soul 2 Soul Mates Blog

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2/05/2018

VOLKSWAGEN GROUP HITS ALL-TIME HIGH, WITH 10.74 M SALES

VOLKSWAGEN GROUP HITS ALL-TIME HIGH, WITH 10.74 M SALES
There was palpable excitement last Friday at Stallion Motors head office in Victoria Isalnd, Lagos, when news got to the representative in Nigeria that the Volkswagen Group delivered more vehicles across the world than ever before in fiscal year 2017.
Nothing could have been more exciting than that no fewer than 10.74 million customers worldwide chose a vehicle from the Volkswagen Group. As a result, Group deliveries rose 4.3 per cent compared with the previous year. At almost one million units, deliveries in December were up by a clear 8.5 per cent.

Matthias Müller, CEO of the Volkswagen Group, said: “The all-time record for deliveries is above all attributable to a strong team performance by all Group brands and employees. We are grateful to our customers for the trust these figures reflect. We will continue to do everything we can in 2018 to meet and exceed the expectations of our customers all over the world.”

The Group handed over 4.3 million vehicles to customers in Europe in the full year 2017, representing growth of 3.3 percent. 338,700 new vehicles were delivered in December (+3.1 per cent), of which 97,500 (+5.0 per cent) were handed over to customers in the home market of Germany.

Recovery in the Russian market had a positive impact on the performance in Central and Eastern Europe, and led to growth of 13.2 percent for the full year 2017. 21,000 vehicles (+25.8 per cent) were delivered to customers in Russia in December.
Group deliveries in the North America region rose by 4.0 per cent to 976,400 units in 2017, of which 625,100 vehicles (+5.8 percent) were handed over to customers in the U.S. market. In line with the overall trend on the passenger car market in the U.S., Volkswagen Group deliveries in December were down 2.7 per cent to 91,500 units. In Brazil, 24,700 customers (+2.4 per cent) took delivery of a new Group vehicle. Driven by the recovery in the Brazilian market, deliveries by the Volkswagen Group in the South America region for the full year 2017 were 23.7 per cent higher than 2016.

Group deliveries in the Asia-Pacific region in 2017 rose by 4.3 per cent compared with the previous year to 4.5 million, of which 4.2 million new vehicles (+5.1 per cent) were delivered to customers in China during the twelve-month period.
There was a strong boost in deliveries in the largest single market at the end of the year: 460,100 new vehicles were handed over to customers in China in December – an increase of 17.8 per cent.

“We are making decisive investments in the mobility of tomorrow, using funds from our own resources: in e-mobility, autonomous driving, new mobility services and digitalization. At the same time, we continue to systematically develop present technologies and vehicles. The excellent delivery figures confirm that this is the right approach”, Müller commented.

It was not clear at press time how many units of Volkswagen cars Stallion Motors delivered to customers in Nigeria in 2017.
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