Volkswagen delivered 10.eight million vehicles in 2018 and ranks first on this planet

BERLIN – The Volkswagen Group introduced Friday that its passenger automobile deliveries had risen zero.9% year-on-year, reaching a file 10.83 million, inserting it alongside Renault-Nissan -Mitsubishi within the race for the title of the most important automobile producer on this planet. ]

Their rivals Toyota Motor and Renault-Nissan-Mitsubishi haven’t launched their registration figures for 2018, however the Franco-Japanese alliance has bought 10.6 million vehicles in 2017 and achieved 5.54 million vehicles within the first half of 2018.

Toyota final month launched a forecast of complete international gross sales of 10.55 million vehicles final yr, however has not but confirmed this with official figures.

Volkswagen stated the VW model had delivered 6.24 million automobiles final yr, whereas the high-end manufacturers Audi and Porsche recorded registrations of 1.81 million and 256,000 automobiles, respectively .

This makes Audi the third-largest high-end model behind BMW, which has delivered 2,125,026 vehicles, and the chief Mercedes-Benz, which has bought 2.31 million passenger vehicles.

Volkswagen stated the continuing commerce dispute with the USA had weakened the enterprise local weather in China, its largest market, within the second half of 2018.

Gross sales of VW model in the USA was 339,676 in 2018, up four.2%. Audi's gross sales totaled 223,323, down 1.four% and Porsche's file gross sales of 57,202, up three.2%. The group's complete gross sales in the USA reached 620,000.

Volkswagen gross sales chief Christian Dahlheim stated in a webcast Friday that he anticipated China's demand to stay steady in 2019, though the primary quarter is tough.

Dahlheim added that the German automaker had not anticipated any vital monetary impression in 2019 with the implementation of the brand new WLTP emissions commonplace, which was costing the corporate 1 billion euros (1.2 billion ) in 2018.

The Volkswagen Group stated December shipments fell eight.four% to 916,200 automobiles from 999,900 a yr in the past.

Group shipments to China in December fell 12.5 p.c year-on-year, stated Wolsburg-based automaker, including shipments additionally fell 5.6 p.c in Europe and three p.c, four% in the USA.

Reportage of Edward Taylor

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