SOURCE: Volkswagen of America, Inc.

Volkswagen of America, Inc.

October 12, 2012 10:06 ET

Volkswagen Group Grows Deliveries by 9.7 Percent to 6.71 Million Vehicles* in Period to September

WOLFSBURG, GERMANY--(Marketwire - Oct 12, 2012) -

  • 6.5 percent rise in month of September to 801,000 units*
  • Group Board Member for Sales Christian Klingler: "Further increase in worldwide deliveries; uncertain situation and overall market conditions require close monitoring and are receiving our full attention"

The Volkswagen Group achieved a 9.7 percent rise in worldwide deliveries in the first three quarters of 2012, handing over 6.71 (January-September 2011: 6.11)* million vehicles to customers. The Group recorded a 6.5 percent increase for the month of September, delivering 801,000 (September 2011: 751,900)* units. "Our worldwide deliveries grew further in September with a particularly strong performance in Central and Eastern Europe, North America and the Asia-Pacific region," Group Board Member for Sales Christian Klingler said in Wolfsburg on Friday. "However, the present uncertain situation in the eurozone and current overall market conditions require close monitoring and will be receiving our full attention in the fourth quarter as well."

Group brands delivered 2.80 (2.77; +0.8 percent) million vehicles on the overall European market in the first three quarters of the year. As a result of the difficult market situation, Europe's largest automaker handed over 1.43 (1.52; -6.0 percent) million units to customers in Western Europe (excluding Germany). In the home market of Germany, the company grew deliveries to 889,900 (864.400; +3.0 percent) units. The Volkswagen Group continued to achieve high growth in Central and Eastern Europe, where 480,000 (390,100; +23.1 percent) vehicles were handed over to customers, of which 234,900 (156,600; +50.1 percent) were delivered in Russia, the region's largest single market.

Deliveries on the American continent also developed well with the number of vehicles handed over in the North America region from January to September increasing by 25.4 percent to 608,600 (485,400), of which 431,600 (321,900; +34.1 percent) were delivered in the United States. The Volkswagen Group handed over 752,500 (701,000; +7.4 percent) vehicles to customers in the South America region during the same period.

The Group also recorded very satisfactory figures in the Asia-Pacific region where 2.27 (1.92; +18.2 percent) million vehicles were delivered to customers in the first nine months, of which 2.00 (1.69; +18.5 percent) million units were delivered in China, the region's largest single market.

Outline of developments at Group brands

The Volkswagen Passenger Cars brand delivered 4.21 (3.81; +10.6 percent) vehicles to customers worldwide in the first three quarters. The brand developed particularly well in the Central and Eastern Europe region, where 199,800 (151,300; +32.1 percent) units were delivered. Volkswagen Passenger Cars handed over 456,500 (362,000; +26.1 percent) vehicles to customers in the North America region, while the figure was 1.68 (1.44; +16.4 percent) million for the Asia-Pacific region.

Audi delivered 1.10 (0.97; +12.8 percent) million vehicles worldwide from January to September. The premium brand from Ingolstadt performed particularly well in North America, where 122,100 (103,800; +17.7 percent) models were handed over to customers. In the Asia-Pacific region, Audi delivered 351,400 (272,200) vehicles during the same period, an increase of 29.1 percent.

The sports car manufacturer Porsche, which became a Volkswagen Group brand on August 1, 2012, delivered a total of 22,800 vehicles in August and September. Demand for models built by the Stuttgart-based carmaker was particularly strong in the Asia-Pacific region, where 7,000 units were handed over, and in the North America region, where deliveries ran at 6,400 units.

The ŠKODA brand delivered a total of 717,200 (664,800; +7.9 percent) vehicles in the period to September. The Czech automaker performed particularly well in Central and Eastern Europe, where 193,600 (166,900; +16.0 percent) units were handed over, and in the Asia-Pacific region, where 215,600 (194,800; +10.7 percent) vehicles were delivered.

SEAT delivered 238,200 (266,800; -10.7 percent) vehicles worldwide from January to September, mainly as a result of the difficult market situation in Western Europe. The Spanish brand did, however, grow deliveries in Germany to 45,400 (40,100, +13.1 percent) units, in the UK, where 30,900 (28,900; +7.2 percent) vehicles were handed over to customers, and in Mexico, where 15,400 (12,600; +21.5 percent) vehicles were delivered.

Volkswagen Commercial Vehicles grew deliveries 4.9 percent to 409,300 (390,100) units in the period to September. 93,700 (91,200; +2.7 percent) vehicles were handed over to customers in the home market of Germany. Volkswagen Commercial Vehicles also developed very well across Europe, with 245,500 (236,900; +3.6 percent) units delivered on the overall European market.

*) including deliveries by the Porsche brand from August 1, 2012; excluding MAN and Scania

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