Published on July 16th, 2011 | by Daniel Sherman Fernandez0
VW first-half global sales top 4 million
Volkswagen’s global first-half deliveries exceeded 4 million cars and SUVs for the first time, powered by demand in all markets, the automaker said. Sales of VW’s core brand rose 12 percent in the first six months of the year to more than 2.5 million vehicles, according to CEO Martin Winterkorn. VW plans to release details of its top-selling brand’s sales tomorrow and deliveries by Audi, Bentley, Lamborghini and the rest of the group on July 15. VW is counting on growth in Brazil, Russia, India and China to help surpass Toyota as the world’s biggest carmaker no later than 2018. The German automaker has forecast global sales will increase 5 percent this year after posting a record 7.2 million deliveries of cars, SUVs and vans in 2010. VW said last month it will expand third-quarter production of its Golf hatchback and Tiguan compact SUV at its main factory in Wolfsburg to meet strong orders. At the same time it will maintain reduced-shift production during workers’ three-week summer vacation at two German plants and add several weekend shifts following the summer break.