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Cars and Drivers

VW March Sales Rise 7.6%

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By Douglas A. McIntyre Published
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VWJettaSportwagenTDI
Courtesy Volkswagen AG
Between falling sales and recent quality problems with its cars, Volkswagen continues to do poorly in the United States. This has not kept it from posting impressive March sales numbers. Its top position in Europe and China cannot entirely offset its struggle in America, but its leadership in those markets continue to fuel huge global sales.

The Volkswagen Group delivered 2.40 (January-March 2013: 2.27; +5.8 percent) million vehicles from January to March. Deliveries in the month of March ran at 929,500 (March 2013: 864,100; +7.6 percent)* units. “All in all, we are very satisfied with the way deliveries developed in the first three months”, Group Board Member for Sales Christian Klingler said in Wolfsburg on Friday, and added: “The positive momentum in the Asia-Pacific region continued, with China remaining the Group’s largest single market. Furthermore, there are signs of a return to modest growth on the markets in Western Europe. In terms of Group brands, Audi, ŠKODA and also SEAT recorded the highest percentage increases, with deliveries in some cases rising quite significantly.”

Group brands delivered 958,600 (881,600; +8.7 percent) vehicles on the overall European market in the first quarter, of which 516,600 (477,400; +8.2 percent) were handed over to customers in Western Europe (excluding Germany). In the home market of Germany, 282,800 (262,100; +7.9 percent) customers chose a new car from the Volkswagen Group, while Europe’s largest automaker delivered 159,200 (142,100; +12.0 percent) vehicles in the Central and Eastern Europe region. In Russia, 65,900 (67,300; -2.1 percent) customers took delivery of a new vehicle.

The company delivered 197,300 (205,700; -4.1 percent) vehicles in the North America region from January to March, of which 133,500 (142,800; -6.5 percent) were handed over in the United States. In the South America region, the Volkswagen Group delivered 168,600 (219,200; -23.1 percent) units to customers during the same period, of which 127,700 (160,600; -20.5 percent) vehicles were delivered in Brazil.

The Group continued to record very encouraging figures in the Asia-Pacific region, where 978,700 (860,700; +13.7 percent) vehicles were delivered to customers in the first quarter, of which 880,700 (769,200; +14.5 percent) units were handed over in China, the Group’s largest single market. In contrast, deliveries in India declined to 18,100 (25,900; -30.4 percent).

While most of the regional numbers are impressive, its success in China, the world’s largest car market, stands out as VW’s most impressive accomplishment.

SEE ALSO: VW Stop-Sale Order — Almost a Month’s Worth of Sales

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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