Volkswagen expects core brand’s worldwide 2019 sales to be same as last year

by SpeedLux
Volkswagen brand logo

Volkswagen expects worldwide sales of its core brand this year to be matched with the 6.24 million mark that it gained in 2018 even though China sales dropped in the first quarter, the company stated on Monday.

“We expect sales in the Chinese market to be on the same level as last year. Worldwide we expect sales to be in line and are optimistic that we can even post some development,” Juergen Stackmann, the VW brand’s board member responsible for sales, informed journalists on the sidelines of the Shanghai Autoshow.

Sales in China dropped in the first quarter however government incentives are expected to increased demand in the second half of the year, leading the VW brand to expect stable sales on a full year basis, Stackmann stated.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.