Volkswagen Group on Pace to Sell 10M Vehicles in 2014
The Volkswagen Group is looking forward to closing 2014 with strong sales.
The German automaker has announced that it is on schedule to sell 10 million vehicles this year and had a strong September with 881,300 units sold, marking a three-percent increase. The company attributed higher sales in China and Europe to help offset lowered sales in the U.S. and South America but believes it has the opportunity to reach 10-million deliveries by the end of the year.
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Reaching the 10-million sales milestone this year means the Volkswagen Group achieved its goal four years in advance and through nine months this year, sales have increased five percent to 7.4 million. The group’s biggest single market is currently China, where sales rose 15 percent to 2.72 million. Meanwhile in the U.S., sales have dropped five percent to 439,600 while deliveries in South America saw a 21 percent decrease to 538,400.
The Volkswagen Group owns Audi, Porsche, Bentley, VW, Skoda and Seat.
[Source: Automotive News]
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Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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