VW Group to reach 10.7 million sales for 2017 – report

VW Group to reach 10.7 million sales for 2017 – report

The Volkswagen Group has come out on top again, with total sales estimated to be around 10.7 million vehicles in 2017 according to German paper Bild am Sonntag, citing the automaker’s internal estimates. The group’s record vehicle delivery figures helped increase revenue above 220 billion euros (RM1.048 trillion) following the previous, 2016 record of 217 billion euros (RM1.034 trillion), the German paper added.

A spokesperson from the Volkswagen Group declined to comment, said Automotive News Europe, adding that the automaker group is due to publish its official 2017 group sales data later this month. The group sold a then-record 10.3 million vehicles in 2016 immediately following the diesel emissions scandal in 2015, and diesel models accounted for 12% of sales in the US in April 2016 following a stop-sale order.

Demand for the Group’s products has stormed the (diesel)gates, it appears. Meanwhile, closest rival Toyota expected to chart 10.35 million sales for 2017 across its Toyota, Lexus, Daihatsu and Hino brands, the Japanese giant said last month. This represents a 2% increase from 2016, while Toyota also expects to sell 10.5 million vehicles this year.

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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.

 

Comments

  • Me not surprise Toyota has higher revenue than VW.

    Like or Dislike: Thumb up 0 Thumb down 16
    • Yusman on Mar 12, 2018 at 4:40 pm

      Where did you get that info from, En Mohd John?

      Like or Dislike: Thumb up 11 Thumb down 0
    • Coz they gives you old junk tech and much cheaper steels. They also didn’t spent much on R&D too…

      Like or Dislike: Thumb up 9 Thumb down 10
  • Proton is very close…not bad tau

    Like or Dislike: Thumb up 3 Thumb down 0
  • I think the business case is as simple as this..
    Once the dieselgate is exposed, cities are banning diesel cars, VW US offer buyback of diesel cars..

    So what happen to the existing VW diesel owners?
    They either sell their diesel cars as soon as possible or through the buyback offer.. and then at the same time (since they are VW/Audi hardcore fans) they buy VW petrol cars…

    Crisis turn into opportunity..

    Like or Dislike: Thumb up 0 Thumb down 9
  • I wonder how many vehicles did GM sell, now that they have sold off Vauxhall/Open to PSA (I also wonder how many cars PSA sold for that matter). Also didn’t Renault-Nissan-Mitsubishi alliance claim to be the world’s largest manufacturer in 2017?

    Like or Dislike: Thumb up 0 Thumb down 0
 

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