Detroit Bureau on Twitter

Posts Tagged ‘VW sales’

GM Scores Third Consecutive Year of Record Global Sales

Detroit maker narrows gap with VW but still third in industry sales.

by on Jan.21, 2016

A Chevy Cruze in China, which has cemented its role as GM's largest global market.

While the increase was a modest 0.2%, General Motors nonetheless managed to eke out another global sales record in 2015, its third year in a row.

The Detroit-based maker today reported total sales came to 9.84 million, putting it just behind German rival Volkswagen AG. Toyota, which hasn’t yet reported its figures for 2015, is expected to retain the industry’s global sales crown, however.

Subscribe Now!

“GM continued to grow in 2015 as our focus on the customer and successful new vehicle launches more than offset the challenging conditions in South America and the curtailment of our presence in certain markets such as Russia,” GM President Dan Ammann said in a statement.

(more…)

VW Sales Drop Below 10 Mil in Wake of Diesel Scandal

But other problems also cut into demand.

by on Jan.08, 2016

The VW badge gracing the maker's BUDD-e concept minivan revealed this week at CES.

The diesel emission scandal is likely to hammer Volkswagen to come, the maker facing a new federal lawsuit and at least 450 civil cases filed by owners – but the impact is already being felt by an automaker that entered 2015 literally on top of the world.

VW today revealed it sold 9.93 million vehicles through its varied brand portfolio last year, a decline of 2% worldwide. Dropping below the 10 million mark comes as more than just a psychological setback. It also means the German maker will fall into second, and possibly even third, place in the global automotive sweepstakes once its rivals all tally up their numbers.

Global News!

And VW has rapidly been losing momentum, December sales slipping 5.2% worldwide and 10% in the American market – where it was sued by the U.S. Justice Department on Monday. The maker could face as much as $20 billion in fines for violating the Clean Air Act by using a so-called “defeat device” to illegally pass emissions tests.

(more…)

VW Boss Says He’s Focused on Fix, Not Cost, of Diesel Scandal

“Most important task” is solving diesel problem in U.S. says brand CEO Diess.

by on Jan.06, 2016

VW Brand Boss Herbert Diess offers a mea culpa during a keynote speech at CES.

A day after his company was sued by the U.S. Department of Justice, Volkswagen brand boss Herbert Diess told an audience at the Consumer Electronics Show that “Our most important task in 2016 is to solve the diesel issue in the U.S.”

The federal suit follows revelations that the German maker had cheated on emissions tests involving both its 2.0 and 3.0-liter diesel engines, a problem that could result in more than $20 billion in fines. Government officials said they were frustrated by the slow process of finding a fix for the problem.

Keeping the Record Straight!

But Diess told reporters attending a preview of several battery-powered concept vehicles that “I assure you we are doing everything we can to make things right.” The executive added that he “is confident we will win their approval (for a fix) in the coming weeks and months.”

(more…)

December Sales Soar – But VW Gets Left Behind

German maker hammered by fallout from diesel scandal.

by on Jan.05, 2016

VW was the exception during a month that saw U.S. car sales soar to record levels.

(This story will be updated as additional sales numbers are released.)

Automakers got a month-long gift from consumers in December, sales pushing the U.S. auto industry to an all-time high as it closed the books on 2015.

The surge in demand was nearly universal, records falling for brands large and small. The big exception was Volkswagen. Hammered by the ongoing fall-out from it diesel emissions cheating scandal, it reported a double-digit decline for December, a day after it was sued by the U.S. Justice Department.

By the Numbers!

Estimates are that total industry sales for 2015 will reach 17.8 million units, surpassing the old record of 17.35 million set in 2000. The big question is whether that momentum will carry over into 2016, a question heightened by the start-of-the-year slump on Wall Street.

(more…)

Toyota Set to Regain Global Sales Crown Again

VW slipping back into second place as diesel scandal takes hit.

by on Dec.29, 2015

A new Toyota Prius and the outgoing model. Toyota hopes the 2016 remake will help boost momentum for what has been the world's best-selling hybrid.

With the impact of a cheating scandal nipping at the heels of its chief rival, Toyota appears ready to win the global sales race for 2015 again, something that seemed far less likely just a few months ago.

Going into the final months of the year, Volkswagen AG was posed to nab the sales crown from the Japanese giant. But VW sales have taken a serious hit since it was revealed in mid-September that the German maker had cheated on diesel emission tests.

Your Inside Source!

Both makers are still expected to finish 2015 with total sales of more than 10 million vehicles, a barrier that seemed difficult for any manufacturer to breach just a few years ago.

(more…)

Volkswagen Retains Sales Lead in China

Maker stays on top over GM despite diesel scandal.

by on Dec.15, 2015

As Chinese auto sales slow, Volkswagen remains atop the rankings there: ahead of GM.

While sales of the Volkswagen brand have taken a beating in a several corners of the globe, VW sales have increased in China and helped the maker hang on to its edge over General Motors in the battle for leadership in the soft Chinese market.

Overall, the Volkswagen passenger cars brand, which doesn’t include the maker’s other brands, such as Audi, Porsche and Seat, has delivered 5.34 million vehicles to customers from January to November this year. VW sales, however, dropped 2.4% during November despite stronger sales in China.

The Leader in Global Automotive News!

“Developments in world markets, which are in some cases tense, and their effects on the Volkswagen passenger pars brand will continue until the end of the year,” said Jürgen Stackmann, the executive in charge of Volkswagen sales. (more…)

Volkswagen Reverses Course, Acknowledges Additional Cheating

German maker confirms EPA charges involving 75,000 new VW, Audi and Porsche models.

by on Nov.20, 2015

VW now admits it cheated on Porsche and Audi vehicles using a 3.0-liter diesel engine.

After initially denying charges leveled by the U.S. Environmental Protection Agency, Volkswagen told regulators today that the company did, indeed, also cheat on emissions tests involving a second turbodiesel engine.

The concession covers an additional 75,000 vehicles using a 3.0-liter turbodiesel, on top of the 482,000 vehicles equipped with a 2.0-liter diesel called out by the EPA in mid-September for using a so-called “defeat device.” The latest problem involves products sold by both the VW and Audi brands and, for the first time, the Porsche marque, as well.

Breaking News!

In the case of the 2.0-liter diesels first cited by the EPA for cheating in September, VW used hidden software code capable of detecting when the vehicles were undergoing emissions tests. With the 3.0-liter system, the diesel engines were improperly fitted with what a spokesman called auxiliary emissions controls.

(more…)

VW, Audi Officials Apologize, Try to Look Beyond Diesel Scandal at LA Show

VW meeting with EPA; gift cards going out to 120,000 TDI owners.

by on Nov.19, 2015

VW CEO Michael Horn was surrounded by reporters after the maker's LA news conference. Photo courtesy Michael Rose.

Volkswagen will have a solution “soon” for owners of diesel models tainted by an emissions rigging scandal, the company’s U.S. chief executive said during a news conference at the Los Angeles Auto Show. In the meantime, noted Michael Horn, a “goodwill package” including $1,000 in gift cards and dealership credits are about to head out to 120,000 of those consumers.

The ongoing scandal dominated the events scheduled for both Volkswagen and its upscale sibling, the Audi brand, during the L.A. show, and officials from both marques again apologized before trying to turn back to their plans for the future.

Breaking News!

Industry analysts have suggested that Volkswagen is already feeling the impact of the diesel rigging crisis which impacts 482,000 vehicles sold in the U.S., but the Audi brand, which only has one model impacted, has largely been unscathed, Audi of America President Scott Keogh telling reporters, “We’ll have a record November and a record December.”

(more…)

Volkswagen’s October Sales Survive Scandal, Drop Comes in November

Maker uses heavy incentives to retain buyers.

by on Nov.04, 2015

VW of America chief Michael Horn expressed appreciation to buyers who remained loyal to the brand in October.

When October auto sales were released, industry observers wondered if Volkswagen’s totals would include a dash in front of the numbers due to the diesel scandal the German maker is currently embroiled in.

The good news for VW is that it posted a small gain – 0.2% – last month, meaning no dashes, although many of its competitors enjoyed double-digit increases, often setting new records for the month of October.

The Leader in Global Automotive News!

Volkswagen has been trying to win customers with steep discounts and rebates, as much as $2,000, as well as offering low-cost leases. (more…)

Courts Move to Consolidate, Speed Up VW Lawsuits

Former US Bankruptcy Judge appointed to oversee settlements.

by on Oct.29, 2015

VW now faces over 300 lawsuits for cheating on diesel emissions tests.

(The caption for the second photo has been corrected.)

So far, more than 300 lawsuits have been filed against Volkswagen in the wake of revelations it cheated on diesel emissions tests, and a former U.S. Bankruptcy Judge has been given the difficult challenge of trying to consolidate the various legal actions and usher in a settlement.

A panel of federal judges will meet in early December to take what could be the next step, deciding on a single venue to handle the expected mega-class action. VW faces the possibility of paying out billions of dollars to owners of the 482,000 diesel-powered vehicles it acknowledged were outfitted with software designed to make the cars appear to meet emissions standards while undergoing certification tests.

Insight!

That’s on top of the hefty fines – possibly as much as $18 billion – the German maker might have to pay the Environmental Protection Agency for violating the Clean Air Act. Separately, VW also faces the prospect of fines and possible criminal charges as the U.S. Justice Department looks into the cheating scandal.

(more…)