Friday, July 1, 2011

VW up 35% in June, expects to break 300,000 this year

With U.S. sales for the first six months up 22 percent, Volkswagen of America forecasts 2011 sales will break 300,000 units -- a level the brand last reached in 2003.
VW sold 256,830 vehicles last year. In 2003, VW sold 302,686 units.
“We’ve been able achieve a volume in the first half of this year in what took us effectively seven months last year,” Jonathan Browning, CEO of Volkswagen of America, said in a statement today. “With Volkswagen’s broad range of fuel-efficient, high-quality vehicles, we expect the momentum to continue into the second-half of the year.”
Volkswagen said it sold 28,444 vehicles in June 2011, a 35 percent increase over June 2010. Sales through June were 154,152, compared with 126,012 a year earlier. Browning said June was VW’s best month in nine years, despite the run-out of the Passat sedan and the Beetle compact car.
June sales were led by the redesigned Jetta, which was up 88 percent in June and 66 percent for the first six months.
Browning estimated that shortages at Japanese competitors because of the March 11 Japan earthquake will give VW about 10,000 additional Jetta sales in 2011.
VW is preparing to launch the Passat sedan redesigned for the United States and built at its new factory in Chattanooga, Tenn., and a redesigned larger Beetle. Both go on sale this fall.


Read more: http://www.autonews.com/apps/pbcs.dll/article?AID=/20110701/RETAIL01/110709991/1448#ixzz1QshW3WVO

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