Latest Automotive News

Subscribe in a reader





Volkswagen AG reports record global sales for 2007

Email   small font medium font large font

Google
 
Web AutoNews24h.com

Volkswagen AG has reported record global sales for 2007, with all eight of its brands selling nearly six million vehicles.

The increase, announced Sunday at the North American International Auto Show in Detroit, was led by strong sales in South America and Asia and offset declines in Germany and North America.

The company said sales for the Volkswagen, Audi, Skoda, Seat, Bentley, Lamborghini, Bugatti and VW commercial brands rose 7.9 per cent over 2006 figures.

But sales in Germany were down 4.8 per cent, and they dropped 0.5 per cent in North America.

South American sales jumped nearly 30 per cent, and the Asia Pacific unit reported a 24.1-per -cent increase.

Chairman Martin Winterkorn said like all automakers, the company faced difficult economic times in Germany, with sales of the VW brand off 9.1 per cent there.

Receive the latest automotive news by email!

Enter your email address:


Related news
FRANKFURT, Germany (AP) _ Volkswagen AG, Europe's biggest automaker by sales, said Thursday that its new car sales rose 7.6 per cent in the first five months of the year to 2.5 ...
FRANKFURT, Germany (AP) _ Volkswagen sold more than three million cars during the first half of the year, the German automaker said Thursday, a 7.8 per cent jump from last year fueled ...
FRANKFURT, Germany (AP) _ Volkswagen AG said Wednesday its flagship VW brand swung to an operating profit in the first quarter and earnings from its premium Audi brand rose 16 ...
FRANKFURT, Germany (AP) _ Car maker Audi AG, the luxury arm of Volkswagen, said Tuesday that global sales of its vehicles rose nine per cent in May and 11.5 per cent for ...
Audi AG, the luxury automaker owned by Volkswagen AG, said Wednesday that Chief Financial Officer Rupert Stadler will take over as its chief executive on Jan. 1. Stadler will replace ...
Honda Motor Co. expects its global sales will rise six per cent this year to a record 3.76 million vehicles thanks to booming demand in the U.S., Europe and Asia, the automaker's president ...
Automaker Volkswagen AG said Thursday it is on track to sell more than one million cars in China this year, after it set a sales record in 2007. The Wolfsburg-based company, Europe's biggest ...
Chrysler LLC on Monday reported record sales outside North America in 2007, rising 15 per cent over 2006 figures, even as its sales worldwide slipped. The private company said it had its best ...
The former DaimlerChrysler AG paid a record US$30.3 million fine in 2007 for violating fuel efficiency requirements set by the U.S. government. The fine was assessed by the National Highway Traffic Safety Administration against ...
Sales in Russia Grow 78 Percent, Outpacing Industry Growth; Chevrolet Has Record Q1 in Europe , with Sales Exceeding 131,000 Vehicles Brazil, Argentina and Venezuela Growth Spurs a Sales Surge of Nearly 20 Percent in ...

Best Investment Newsletter

- 46% in 2008

- invest in the best performing US stocks only and sell them when the uptrend is over

- very easy to follow, simple buy/sell signals

- no need to have investing or trading experience

Find More Now!


Volkswagen AG reports record global sales for 2007
> © 2006-2017 AutoNews24h.com except where otherwise noted