Volkswagen sells record 6.2 million vehicle in 2007

Volkswagen sells record 6.2 million vehicle in 2007
AFP
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First Published: Mon, Jan 14 2008. 04 24 PM IST
Updated: Mon, Jan 14 2008. 04 24 PM IST
Frankfurt: Volkswagen, the biggest European carmaker, sold a record 6.2 million vehicles last year owing to strong demand in eastern Europe, Brazil and China, the company said on 14 January 2008.
The figure represented an increase of 8% from 2006, with all of VW’s brands — VW, Audi, Skoda, Seat, Bentley, Lamborghini et Bugatti — contributing to the results, it added.
Increases were strongest in emerging economies, with sales in China jumping by 28% to more than 900,000 vehicles, in Brazil by 32% to 581,000 and in central and eastern Europe by 20% to 496,400 units, the company said.
German sales, which still represent the company’s biggest single market, slipped by 4.8% for the entire group however, and by 9.0% for VW brand vehicles.
The group has begun to restructure activities in the United States meanwhile and is looking for a site on which to build a North American factory.
US sales slipped by 0.5% last year to a little more than 530,000 vehicles.
This year, Volkswagen expects more record sales, the statement quoted boss Martin Winterkorn as saying.
VW aims to overtake Japanese giant Toyota, which is itself closing in on General Motors as the world’s leading auto manufacturer.
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First Published: Mon, Jan 14 2008. 04 24 PM IST