One country has kept Volkswagen’s global sales from cratering after its emissions scandal
By Benjamin Zhang From Business Insider
In the year since the revelation of Volkswagen’s catastrophic emissions cheating scandal last September, the German brand’s reputation has been left in shambles.
But as its reputation with many consumers lay in tatters, the brand’s sales have not only not cratered — it’s actually increased.
In the first nine of months of 2015, the VW brand sold 4,349,600 cars around the world.
Over the same period this year, the brand sold 4,374,900 cars worldwide — an increase of 0.6%.
However, these figures are somewhat misleading. That’s because VW’s sales figures in almost all markets around the world have fallen so far this year. But none of that really matters because Chinese consumers love their Volkswagens.
This is something the powers-that-be at Volkswagen has noticed.
“Thanks to the strong performance in China, deliveries by Volkswagen in September were noticeably higher than the previous year,”Jürgen Stackmann said in a statement. “Consequently, our deliveries for the period from January to September exceeded the 2015 level.”
So far this year, VW has sold 2.13 million cars in the Middle Kingdom which represents 48.8% of the brand’s total global sales.
VW sales september 2016 Volkswagen (Click to enlarge)
According to VW, much of its 11.4% year-over-year growth can be attributed to the hot sales of its Lavida, Sagitar, Jetta, and Santana sedans. In fact, these represent four of the seven best selling cars in China last month.
In addition, the brand’s Chinese offerings are almost exclusively gasoline powered. This means that VW’s operations in the country were not really exposed to the 2.o liter, diesel, four-cylinder engine at the heart of the scandal that affected more than 11 million cars worldwide. In fact, only 1,950 cars were affected in China, the Wall Street Journal reported.
According to the Journal, Chinese consumers have purchased a whopping 16.75 million new cars over the first nine months of the year — an increase of 15% over the same period in 2015.
IMAGES:
VW China REUTERS/Jason Lee
Volkswagen VW Lavida Blue Motion Volkswagen Lavida. REUTERS/Jason Lee
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