VW boosts production in key markets in North America and China
1st half 2013 sales climb to 4.8 million units
2013/08/07
- Summary
- VW's strategy： Strategy 2018 and modular system strategy
- Production network and Trend in models in China
- North American market prepares for local production of major models
- Europe and other markets: production of new models and investment plans
- Plans for VW Group's major models
- Worldwide sales volume of VW group
- VW group performances
- Production Forecast by LMC Automotive: VW Group production forecast by country and by make
Summary
Volkswagen (VW) Group aims to increase its annual sales volume to ten million vehicles by 2018 as its mid-term goal and actively made investments to attain the target. The global sales volume for the January to June 2013 period increased by 5.4% year-over-year to 4.8 million units. VW places China and North America as its most important markets.
LMC Automotive forecasts light vehicle sales of Volkswagen in 2013 to increase by 1.8% to 9.0 million units. Volkswagen continues to expand its unit sales to 9.6 million in 2014, a 6.7% increase. From 2014, Volkswagen Group "should see a more robust global expansion...momentum coming from both Asia and North America."
Related Reports:
US Market: Continued growth spurs investment (Jun. 2013)
Shanghai Motor Show 2013:
VW: 11 models including CrossBlue Coupe (premiered) and Audi A3 sedan (Jun. 2013)
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