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 startups to watch in 2023: Middle East & North Africa

From foodtech to fintech, video streaming to logistics, the companies on our top 10 MENA startups' list continue to innovate, grow and attract funding

Top 10 most innovative telecom operators in the Middle East

With Dubai-based Telecoms World Middle East in full swing, we chart the most innovative telcos from the region – and look at how they are transforming

Top 10 fastest-growing Indian companies in the UK

Business Chief takes a look at the top 10 fastest-growing Indian companies in the UK, according to the India Meets Britain Tracker from Grant Thornton

Top 10 workplaces prioritising people and planet in the UAE

Human Capital

Top 10 female HR execs leading Saudi’s workplace transition

Leadership & Strategy

Top 10 largest asset managers by AUM operating in the UAE

Corporate Finance