Vw witnesses record rise in sales for the month of October: Sales rise more than twice the rate of world auto market

The Volkswagen AG has announced that sales of the company over the last month have increased by more than twice than that of the worldwide automobile market. High demands of the Audi and VW models in a Toyota dominated country like China is quite a positive trend for VW in their bid to become the world’s best and largest automobile manufacturer. The Wolfsburg based team of VW stated on Friday that the deliveries of cars like Skoda, Bentley, Seat and Lamborghini has rapidly increased by 9.8 percent over the last year. A mammoth 612,200 cars have been shelled out by VW in the month of October only.

VW is introducing 70 brand new models along with tweaked versions of old ones in its bid to become the company with the highest number of deliveries for the second running year. Sales chief of VW, Mr. Christian Klingler has stated that the company is set to accomplish the dream of selling 10 million cars every year by the year 2018.

VW further stated that the number of 10-month deliveries has increased by a healthy 12 percent to 5.98 million vehicles. Prices of the VW shares have increased by EURO 1.35, a 1.2 percent to EURO111.95 and was priced at EUR111.90 as of 12:32 CET in Frankfurt. The company is current valued at a total of EURO 48.4 billion (equivalent to $66 billions). Certainly they are making it big now in the market.

Source: 4wheelsnews