VW brand car sales down 2.4pc in Nov

AFP, FRANKFURT: Beleaguered German auto giant Volkswagen yesterday said that worldwide sales of its own-brand VW cars slid 2.4 per cent in November and the figure for the whole of 2015 was likely to fall short of last year’s level, as well.
VW said in a statement it sold 496,100 VW-brand cars worldwide in November, 2.4 per cent fewer than in the same month a year earlier. And the downward trend was likely to continue for the year as a whole. In addition to the VW marque, the group owns 11 other brands, such as Porsche, Audi, Skoda, SEAT and Lamborghini.
“Developments in world markets, which are in some cases tense, and their effects on the Volkswagen Passenger Cars brand will continue until the end of the year,” said VW-brand board member Juergen Stackmann.

VW brand car sales down 2.4pc in Nov

AFP, FRANKFURT: Beleaguered German auto giant Volkswagen yesterday said that worldwide sales of its own-brand VW cars slid 2.4 per cent in November and the figure for the whole of 2015 was likely to fall short of last years level, as well. VW said in a statement it sold 496,100 VW-brand cars worldwide in November, 2.4 per cent fewer than in the same month a year earlier. And the downward trend was likely to continue for the year as a whole. In addition to the VW marque, the group owns 11 other brands, such as Porsche, Audi, Skoda, SEAT and Lamborghini. Developments in world markets, which are in some cases tense, and their effects on the Volkswagen Passenger Cars brand will continue until the end of the year, said VW-brand board member Juergen Stackmann.