Detroit Bureau on Twitter

Posts Tagged ‘VW sales’

Toyota Maintains Global Sales Lead – Barely

VW closing gap as GM settles into third spot.

by on Jul.30, 2014

Strong demand for new models, such as the redesigned Corolla, helped Toyota retain the sales lead for the first half of 2014.

While its lead has been narrowing, Toyota Motor Co. retained its crown as the world’s best-selling automaker during the first half of 2014.

The maker edged out rivals Volkswagen AG and General Motors in the global sales sweepstakes as demand for its cars, trucks and crossovers surged to 5.097 million between January and June, a 4% increase fueled by growth in markets ranging from U.S. and Europe to China and the Japanese home islands.

Data Driven!

That was not only an all-time record but exceeded forecasts – while positioning Toyota to meet a goal of becoming the first automaker ever to sell 10 million vehicles in a single year. VW is also shooting for the 10 million mark, though preliminary data indicate it only tallied sales of 4.97 million vehicles during the first half, GM following at 4.92 million.

(more…)

GM Remains in Tight Race for Global Sales Leadership

VW holds tiny lead, but Toyota has yet to weigh in.

by on Jul.17, 2014

GM is hoping new product - such as the Chevy Colorado, shown here with product chief Mark Reuss - will help it regain global sales leadership.

Despite recalling millions of vehicles and watching billions of dollars in new legal claims pile up during the first half of the year, General Motors is still in a relatively close race for global sales leadership with rivals Volkswagen and Toyota.

GM has reported selling 2.5 million vehicles around the world during the second quarter of 2014, with year-over-year sales in the United States and China, the company’s two largest markets, growing by  7% and 8%, respectively. Globally, GM’s total sales were up 0.5% for the second quarter. In the first half, GM sold 4,921,928 vehicles, up 1.4%.

Stay in the Race!

Volkswagen AG, thanks to strong sales in China and a solid performance in Europe as well as gains by Audi and Porsche, held a whisker-thin lead with sales of 4.97 million vehicles worldwide during the first half of the year. VW is actively targeting global sales leadership – but the race likely won’t be determined until later this month when Toyota Motor Co. weighs in with its own figures.

(more…)

VW Pushes to Top 10 Mil Global Sales – Despite U.S. Struggles

New U.S. plans could prove critical to catching Toyota.

by on Jul.14, 2014

Despite strong sales in China, VW isn't on pace to make its global sales target of more than 10 million vehicles this year, in part because U.S. sales are down.

Volkswagen AG fell a bit short of its ambitious push for global dominance during the first half of 2014, despite its strong and growing presence in China – and its weakness in the U.S. market is largely to blame.

VW reported its deliveries worldwide increased by 5.9%, to 4.97 million vehicles, though if it hadn’t suffered another decline in the American market it almost certainly would have broken the 5 million barrier, putting it well on its way to move 10 million cars, trucks and crossovers for all of 2014.

Subscribe and Stay on Top!

But VW is taking steps to rectify its problem in the U.S., the maker on Monday announcing it will spend about $900 million to double the size of its current assembly plant in Chattanooga, Tennessee, to handle production of the long-awaited midsize crossover based on its well-received CrossBlue Concept. (more…)

U.S. Auto Sales Hit 16.6 Million Units in June

GM sees small increase while others enjoy stronger results.

by on Jul.01, 2014

The all-new 2015 Audi A3 is helping the German maker to another banner year in 2014.

Overall June was another stellar month for U.S. automakers, General Motors faced positives and negatives. The automaker’s sweeping recalls managed to divert attention away from the troubles at Cadillac and its flat sales.

Despite those issues GM managed to eke out a 1% sales increase despite predictions that sales might fall under the weight of an unfavorable year-to-year comparison and the din from the recalls. But Cadillac sales increased less increasing by only one-tenth of 1%.

Subscribe and Stay on Top!

Meanwhile, the luxury brands from Germany and Japan continued to post sales increases. Mercedes-Benz, BMW, Audi, Jaguar Land Rover and Lexus all reported sales hikes. Mercedes, Audi and Lexus posted double-digit increases. Among Cadillac’s rivals in the luxury space, only Infiniti and Volvo, both of which are facing challenges gaining credibility among luxury buyers, saw sales decline. (more…)

New Car Sales Soar in May

Ford defies expert predictions with small sales increase.

by on Jun.03, 2014

Jeep Wranger saw its best May sales ever last month. The Jeep brand overall was up 58% during the period.

Buoyed by fantastic weather and a fifth weekend for dealers to move metal, new vehicle sales during demonstrated renewed strength in May.

Those factors helped Jeep post its best monthly sales in history and led General Motors to predict it would gain marketshare this year.

Your Auto Sales News Source!

General Motors, Ford, Chrysler, Nissan, Toyota, Hyundai and Audi all reported increased sales during May. (more…)

VW Likely to Delay Ambitious U.S. Sales Targets

Product delays, focus on China catch blame.

by on May.13, 2014

Volkswagen plans to begin selling a midsize SUV, based off the CrossBlue, in the U.S. in 2016.

Volkswagen’s ambitious growth plans for the U.S. market are likely to be delayed – but are still within long-term reach, according to the maker’s top U.S. executive.

The German maker had set itself a goal of selling 800,000 vehicles a year in the U.S. under the flagship VW brand by 2018, while also sharply boosting sales of the Audi luxury brand. But while Volkswagen has enjoyed a significant increase in volume since the plan was first announced, growth has slowed in recent years, sales actually dipping slightly in 2013.

On Top of the News!

And with demand dipping even further for the first months of this year, meeting the 800,000 target by 2018 now seems out of the question, Michael Horn, the 25-year Volkswagen veteran who recently took over U.S. operations, told TheDetroitBureau.com. (more…)

U.S. Auto Sales Heating Up with the Weather

New models and trucks help automakers to strong April.

by on May.01, 2014

The Audi A3 helped the German maker to a 19% sales increase in April.

New models demonstrated their value to automakers in April as the latest cars and trucks launched over the past several months combined with a break in the frigid weather pulled buyers into showrooms, helping keep the annual sales rate at more than 16 million units for the second consecutive month.

Audi, Toyota, Subaru, Mercedes-Benz, Chrysler, Jaguar Land Rover and Kia Hyundai posted double digit sales increase in January thanks in part of the launch of new or replacement models. General Motors, which was deluged with bad news, also benefitted from the strong sales of its latest models. Luxury vehicles also enjoyed a strong April, with Audi among those reaping the rewards with a 19% increase.

A Profitable News Source!

“The launch of the all-new A3 Sedan gives Audi an even broader product portfolio and the opportunity to reach more luxury buyers in the premium compact segment,” said Mark Del Rosso, executive vice president of Audi of America. “In its first month of retail sales, the Audi A3 was a top seller in April, with over 2,000 vehicles sold.” (more…)

Automakers Enjoy April Sales Shower

GM, Chrysler, Toyota, Nissan all see sales spikes.

by on May.01, 2014

GM rode strong truck sales to a 7 percent sales increase in April.

After going through the big chill this past winter, automakers entered a spring thaw in April, makers reporting some of the strongest sales results they’ve seen in months.

Industry analysts suggest a variety of factors may be working in the industry’s favor. For one thing, April marked the start of the traditional automotive buying season, likely getting a bit of a nudge as motorists snowed in by the Polar Vortex finally headed for showrooms.

Subscribe for Free!

Key automakers, including Nissan and Chrysler, even a General Motors battered by recalls, posted sales gains for the month. And though Ford did report a modest 1% decline, Toyota is reporting a 13.3% increase. (more…)

On Track for 10 Mil. Could VW Top Toyota This Year?

German maker cautiously optimistic even as profits tumble.

by on Mar.13, 2014

VW is looking to beat 10 million units in worldwide sales with vehicles like the Golf GTD this year.

Trying to get a clear sense of how to read Volkswagen’s latest numbers might leave you scratching your head and, indeed, a quick look at the ways the results are being reported – and the comments made by the company’s top leaders – might only add to the confusion. The interpretation might depend on whether you look at the half-full or half-empty side.

What’s indisputable is that VW’s net income took a sharp, 58% drop for 2013. The German maker made €9 billion, or $12.5 billion last year, down from €21.7 billion in 2012. But if you leave out taxes and one-time charges, operating earnings rose ever so slightly to €11.7 billion euros, or $16.3 billion, from 11.5 billion euros the year before. And sales rose 2.2% to €197 billion.

Subscribe and Stay on Top!

Now, jump ahead slightly, the Volkswagen assemblage of vehicle brands scoring a 4% increase in unit volume for January and February and CEO Martin Winterkorn is predicting, “There is a good chance that we will already exceed the 10 million deliveries mark this year.” (more…)

VW Hopes All-New Golf Will Reignite Sputtering U.S. Sales

Compact models set to debut this spring.

by on Feb.07, 2014

The sporty Golf R model.

Volkswagen of America is hoping the introduction of the all-new GTI and Golf models — as well as revisions to the Jetta — slated to reach in showrooms this spring will help reignite the brand’s sputtering sales in the U.S. market.

The seventh-generation Golf is already a hit in Europe but VW decided to delay its North American launch a year, a move many analysts believe contributed to a sharp decline in its U.S. sales last year after several years of rapid growth.

News You Can Use!

The surge began in 2010 and saw VW sell more than 400,000 units in the American market for the first time in 40 years. But progress stalled last year as sales plunged 7% despite the overall U.S. market reaching its highest point since before the recession began.  The downturn was considered a major factor behind the ouster of Volkswagen Group of America CEO Jonathan Browning, even though the maker’s smaller Audi brand achieved a Cinderella-like comeback that saw it set all-time U.S. sales records.

(more…)