Business

Volkswagen reports record global car sales in 2017

Wednesday, January 17, 2018

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DETROIT, United States (AFP) – Volkswagen said Sunday that its namesake brand sold more vehicles worldwide in 2017 than ever before.

“We finished 2017 with the best performance ever for Volkswagen,” Herbert Diess, chairman of the board of management of the Volkswagen passenger cars brand, said Sunday night at the Detroit Auto Show.

Global sales rose 4.2 per cent to 6.2 million, with sales in China jumping 5.9 per cent to 3.2 million, more than half the total sold globally.

Other countries with strong gains in terms of percentages included the United States, Russia and Brazil, although all of these countries are much smaller markets for VW than China.

VW released the figures ahead of the launch of an updated version of the Jetta, its top-selling vehicle in the US. The base price of US$18,545 won especially loud applause at a glitzy launch Sunday night.

The Jetta is among just a handful of sedans being launched at the 2018 show, which is dominated by pickup trucks and other large vehicles that have been outselling smaller cars in recent years in the US.

“As a full-line family-oriented automaker, you need to have a competitive strong sedan,” VW North American chief executive Hinrich Woebcken told reporters after the launch.

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