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Volkswagen Group grows 12.2 percent in October 2019

By Niranjan Mudholkar,

Added 27 November 2019

Strong rises in Europe (+25.5 percent) and Germany (+41.5 percent) following a weaker performance in October 2018

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The Group further expanded its market share in all core regions, in some cases quite substantially.

The Volkswagen Group delivered 949,800 vehicles to customers worldwide in October, corresponding to a significant rise of 12.2 percent compared with October 2018. The Group further expanded its market share in all core regions, in some cases quite substantially. This was the case, for example, in China, the Group’s largest single market, where Group brands grew deliveries 6.6 percent despite a shrinking overall market. Strong increases were once again recorded in Europe

(+25.5 percent) and Germany (+41.5 percent) compared with the weaker performance in October 2018 as a result of WLTP. The Volkswagen Group also succeeded in expanding its market shares in the regions of North and South America in shrinking overall markets. Dr. Christian Dahlheim, Head of Volkswagen Group Sales: “The Volkswagen Group brands produced a strong delivery performance in October. We outperformed the market in all core regions and once again substantially expanded our market shares, especially in China, our largest market. It is also pleasing to see that we made noticeable gains in our home market of Germany over and above making up the ground lost a year ago as a result of WLTP.”

In detail, deliveries in the regions in October developed as follows:

370,700 vehicles were delivered in Europe, corresponding to a marked rise of 25.5 percent compared with the same month last year, when deliveries were at a low level due to the changeover to WLTP. Striking growth in Western Europe (+30.7 percent) and the home market of Germany (+41.5 percent) is attributable to the same reason. 299,600, respectively 112,400 vehicles were handed over to customers in these markets. There was also a strong 7.5 percent rise in deliveries in Central and Eastern Europe to 71,000 vehicles. One driver of this positive trend was Russia, where Group brands delivered 22,100 vehicles, 3.7 percent more than in the same month last year.

END

Dr. Christian Dahlheim, Head of Volkswagen Group Sales: “The Volkswagen Group brands produced a strong delivery performance in October. We outperformed the market in all core regions and once again substantially expanded our market shares, especially in China, our largest market.

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