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.

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