VW sales up in Western Europe and the US despite emissions scandal

By Jess Shanahan

The German car manufacturer delivered 9.93 million vehicles worldwide in 2015, despite admitting it had fitted illegal software to some of its diesel cars to cheat emissions tests.

In Western Europe 3.43 million customers bought new vehicles from the company, up 4.8% on 2014.

Matthias Muller, chief executive of VW, said: "Delivering almost 10 million vehicles is an excellent result, particularly in view of the continued challenging market situation in some regions, as well as the diesel issue in the final quarter of last year."

Sales are down in both Russia and Brazil due to falling commodities prices, a slowdown in world economy, and volatile currencies.

German customers, however, have remained loyal with a 4% rise in sales. Growth was also strong in Spain and Italy. This just goes to show that the diesel issues last year haven’t had as much of a negative impact on the brand as first thought.

Follow @BizReviewEurope

Share

Featured Articles

Musk’s multibillion hostile Twitter takeover – the timeline

As billionaire entrepreneur Elon Musk buys Twitter for US$44bn, we draw up a timeline, from the buying of shares to the critical tweets and unsolicited bid

Sustainable moves businesses can make to win customers, IBM

With half of consumers saying environmental sustainability is more important today than a year ago, businesses should up their eco action, says IBM report

Banks and consultancies top workplaces to grow career in UK

Financial and professional services firms rank highest in LinkedIn Top 25 best workplaces list – from Barclays, Lloyds and HSBC, to PwC, Deloitte and EY

Top 10 women in technology in Europe

Leadership & Strategy

The value of ESG links sustainability to business returns

Sustainability

Top 10 European football clubs by revenue 2022 – Deloitte

Corporate Finance