Regardless of setbacks, Volkswagen boasts gross sales report in 2018

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Despite setbacks, Volkswagen boasts sales record in 2018
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Some 10.83 million autos from the 12-brand group rolled out of dealerships final yr, up 0.9 p.c on 2017, the automaker stated in a assertion.


“We’re more than happy about this nice outcome. Particularly within the second half, issues weren’t straightforward for us,” stated Christian Dahlheim, head of Volkswagen group gross sales.


Sturdy demand for SUVs contributed to development in the important thing markets of Europe, the USA, China and South America.


The group’s own-brand VW vehicles, Skoda, Seat, Porsche and Lamborghini all set 

new supply data in 2018. The one darkish cloud got here from high-end Audi, 

whose gross sales slumped by 3.5 p.c.


Every year, the Wolfsburg-based group is locked in a good race with Toyota 

and Renault-Nissan-Mitsubishi for the title of the world’s top-selling 

carmaker. The rivals have but to disclose their 2018 figures.


Volkswagen was plunged into disaster in 2015 when it admitted to dishonest  emissions exams in tens of millions of diesel vehicles. However though it stays mired in expensive authorized woes, clients have stayed loyal to the group.


One of many largest headwinds final yr got here from the European Union’s powerful  new WLTP emissions exams, which had been spurred by the “dieselgate” scandal.


SEE ALSO: How diesel bans have ignited a debate about soiled methods and dodgy cash


A scramble to prepare for the extra complicated exams from September led to  manufacturing bottlenecks and a fierce worth conflict to shift non-compliant fashions at  a number of carmakers, Volkswagen chief amongst them.


VW additionally needed to grapple with “common financial uncertainty” in China, the place a tit-for-tat tariffs spat with the US has weighed on development, significantly in the final half of 2018. 


“The reluctance to purchase on the a part of shoppers had a unfavorable impression on your entire car market” in China, VW stated, however the group however noticed a “slight” gross sales enhance there over the complete yr.


VW added that it was trying to the long run “with optimism” however warned of  challenges forward.


“In view of unstable geopolitical developments, our enterprise will face an equally sturdy headwind in 2019,” stated Dahlheim.


Fellow German automotive titan BMW additionally introduced report annual gross sales on Friday of  2.49 million autos worldwide, up 1.1 p.c on the earlier yr.


Progress was pushed by the luxurious BMW and Rolls Royce manufacturers, which each  reported their best-ever figures and greater than offset a drop in gross sales on the 

smaller Mini subsidiary.


BMW stated it anticipated gross sales to develop “barely” in 2019 at the same time as market 

situations would “stay difficult”.

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