Volkswagen Group sees a growth in sales

Image
CarDekho Team Jaipur
Last Updated : Aug 02 2013 | 2:05 PM IST

The Volkswagen Group maintained its trajectory in the first six months of fiscal year 2013, despite the challenging economic situation – particularly in Europe – and intense competition. Including China, deliveries increased by 5.4 percent to 4.8 million vehicles worldwide. The Group’s share of the passenger car market rose year-on-year to 12.7 percent (12.4 percent). “We made considerable progress following a subdued start to the year, and can report a solid result in what was a difficult market environment”, said Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, in Wolfsburg on Wednesday. The Volkswagen Group also confirmed its outlook for full-year 2013.

CFO Hans Dieter Pötsch was guardedly confident, despite the fragile economic environment: “The global economic situation means that it is all the more important for us not to ease up on our efforts to make the Volkswagen Group even more robust and flexible. At the same time, we will further strengthen our solid financial position for the long-term in order to continue our global growth path and ensure that our strategy is implemented systematically.”

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 02 2013 | 11:47 AM IST

Next Story