Member access

4-Traders Homepage  >  Shares  >  Xetra  >  Volkswagen AG    VOW3   DE0007664039

VOLKSWAGEN AG (VOW3)

315
Real-time Quote. Real-time Tradegate - 10/01 06:21:10 am
163.625 EUR   -0.47%
3h ago VOLKSWAGEN : TÜV Report 2014: MAN retains the top spot
1d ago VOLKSWAGEN : The World Premiere of the Passat GTE
1d ago Auto recovery wobbles in Paris show spotlight
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

German Car Sales Speed Ahead Globally

01/10/2014 | 08:41am US/Eastern
Recommend:
0

The Volkswagen group reported record global sales for Audi the brand and its two luxury stablemates, Porsche and Britain-based Bentley.

Audi global sales were up 8.3%, while Bentley saw a spike of 19% and Porsche garnered a 15% increase.

SUV sales for Audi grew globally by 23.8%, to 438,400 vehicles.

The surge in luxury cars has been put down to increased demand in emerging markets such as China and the Middle East, along with renewed purchasing power in the United States.

Bentley saw a boost in the US of 28%, Porsche 21% and Audi sales accelerated by 13.5%.

Meanwhile, Mercedes-Benz sold 1.462 million cars last year worldwide, an increase of 10.7%.

Sales in the US, the company's largest single market, grew 14% to 312,534 - but its home market of Germany saw a dip of 2.2% for the year.

Mercedes global sales were boosted by the new versions of the E-class and S-Class sedans, with a massive spike of 64% for small cars such as the A-Class, B-Class and CLA coupe.

On Thursday BMW-owned Rolls-Royce, which is based in West Sussex, reported its best-ever sales figure of 3,630 cars being sold in 2013.

Audi also took the crown as the best-selling premium car brand in Britain during 2013, with nearly 400 cars being sold daily.

A total of 142,039 Audis were sold in the UK last year, up 14.9% on the 2012 figure - but its total sales in the EU dropped by 0.9%.

On Tuesday, Britain's motor industry trade body, the Society of Motor Manufacturers and Traders, revealed total new car sales soared to their highest level since before the recession.

The data showed Britain's strong sector growth compared to mainland Europe.

A total of 2,264,737 cars were UK registered in 2013, up by 10.8% on 2012, and the highest number since pre-financial crisis 2007.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

(c) Sky News 2014

Recommend :
0
React to this article
Latest news on VOLKSWAGEN AG
3h ago VOLKSWAGEN : TÜV Report 2014: MAN retains the top spot
4h ago AUDI : AIADA Names Audi President to Keynote 45th Annual Meeting and Luncheon
1d ago AUDI : Over $45M of Audi shares traded on BSE
1d ago AUDI : Road course for the next generation of drivers
1d ago VOLKSWAGEN : The World Premiere of the Passat GTE
1d ago Auto recovery wobbles in Paris show spotlight
1d agoDJVOLKSWAGEN : Slovak Central Bank Cuts Growth Forecasts on Slowing Exports
1d ago VOLKSWAGEN : Automobili lamborghini becomes first automotive firm in the world t..
1d ago VOLKSWAGEN : Passat dealer event in Greece gets underway soon
1d ago VOLKSWAGEN : New Audi TT: Design Innovation of the Year
Advertisement
Chart
Duration : Period :
Volkswagen AG Technical Analysis Chart | VOW3 | DE0007664039 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF