
The big bright spot for the company is its all-new Golf which, when combined with GTI and Golf R model sales, rose 81.2% year-over-year in October. Year-to-date sales of 25,277 Golf models remains 58% below sales of 26,836 in the first 10 months of 2013.
VW’s other redesigned car for this year, the Jetta, saw a rise of nearly 25% compared with October 2013 although year-to-date sales remain 4.6% below 2013 sales through October.
The company’s Beetle and Passat models sold fewer units in October and are also down for the year. Sales of the Tiguan compact SUV slipped more than 16% to just 1,803 in October, and sales for the year to date are down 17.3% at 20,923.
Volkswagen’s Audi division reported U.S. sales of 15,150 units in October, up 16.5% compared with October 2013. Year to date, sales are up 14.7% from 127,412 to 146,133.
Combined, the two brands sold 45,463 units in October, compared with an estimate for total October sales of 46,000 from Kelley Blue Book. That number includes Porsche sales, which have not been released yet, but which totaled 3,607 in September and 3,093 in August.
Volkswagen dug a deep hole for itself in the first half of the year as it had to wait to get the new Golf and the refreshed Jetta out. The Tiguan compact SUV is not very competitive with its rivals like the CR-V from Honda Motor Co. Ltd. (NYSE: HMC) or the RAV4 from Toyota Motor Corp. (NYSE: TM) in what is currently the hottest sector of the new car market.
ALSO READ: Ram, Jeep Lead October Chrysler Sales to 13-Year High
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.