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

Top 10 largest revenue generating family businesses in MENAT

From the UAE to Turkey, these family firms are the largest by revenue in MENAT and cover everything from energy to entertainment

Top 10 metaverse projects in the UAE, including world firsts

As Accenture predicts the metaverse will fuel a US$1 trilion commerce opportunity by 2025, we round up 10 pioneering metaverse projects in the UAE

PwC’s survey shows Middle East CEOs remain upbeat on growth

CEOs in the Middle East are far more optimistic about regional growth than those in North America and Europe, according to PwC’s annual survey

Opinion: “Why we must tackle the digital skills crisis"

Leadership & Strategy

5 Mins With: Kathryn Kaminsky Vice Chair Trust Solutions PwC

Leadership & Strategy

Survey: The Future of Cloud Security in the Middle East

Technology