Volkswagen : delivered 866,400 vehicles in April, 6,6 percent below the figure for April 2018...
May 17, 2019 at 05:28 am EDT
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In North America, deliveries fell by 4.1 percent to 76,600 vehicles. In the USA, 51,700 customers took delivery of a new Group vehicle, a decrease of 3.7 percent compared with April 2018. In Canada, deliveries were at about the prior-year level, at 10,700 vehicles (-0.3 percent). In Mexico, where the overall economic situation remained difficult, 14,200 vehicles were delivered (-8.0 per-cent).
In South America, there were divergent developments in the various markets. In total, 48,600 vehicles were delivered to customers, a fall of 6.4 percent compared with the same month last year. There was once again a significant rise of 8.3 percent in Brazil, the largest market in the region. 36,800 vehicles were delivered there. In Argentina, where overall economic conditions remained difficult, 6,700 customers took delivery of a vehicle, a marked decline of 46.2 percent.
In the Asia-Pacific region, Group brands delivered 322,000 vehicles, 10.5 percent fewer than in April 2018. In China, the region's most important single market, customers remained reluctant to purchase vehicles despite the cut in VAT that applied from the beginning of the month. As a result, there was significant shrinkage in the overall market. The Group brands were not immune to this trend, but the decline in deliveries of 9.6 percent was once again less pronounced than in the overall market. By handing over 302,600 vehicles to customers, the Group kept extending its market share.
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Volkswagen AG published this content on 17 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 May 2019 09:27:03 UTC
Volkswagen AG is a Germany-based Company, which manufactures and sells vehicles. The Company operates through four segments: Passenger Cars, which covers the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business; Commercial vehicles, which comprises the development, production and sale of light commercial vehicles, trucks and buses, the genuine parts business and related services; Power Engineering, which consists of the development and production of diesel engines, turbo compressors, industrial turbines and chemical reactor systems, the production of gear units, propulsion components and testing systems, and Financial Services, which comprises dealer and customer financing, leasing, banking and insurance activities, fleet management and mobility services. It's brand portfolio includes Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN.