Volkswagen pays to October dieselgate and the effect of the crisis in some emerging markets. Vehicle registrations of German group globally have marked the last month decreased by 5.3% to 490,000 units; in the first ten months of the year the decline was 4.7% to 4.84 million cars. As for the group, global deliveries fell in October by 3.5 percent to 831,300 units, yielding 1.7% to 8.26 million in the first 10 months of 2015.
Juergen Stackmann, board member responsible for sales, said the brand “is experiencing a challenging period. We must not only address the problem of diesel and CO2 emissions, but also to a tense situation on world markets. Developments in Brazil and Russia continue to worry, as we were able to grow in China in October. ‘ The manager added that “in western Europe the temporary blocking sales for vehicles affected by the problems of diesel has impacted on sales.”
Here is the breakdown by area: registrations Volkswagen Passenger Cars fell in October 1.1% in Europe (-1.3% in Western Europe), but slight increases were marked in Italy, Spain and Germany, 0.5% in Central and Eastern Europe. In the 10 months were up 2.7% (+ 5.5% in Western Europe, 14.6% in Eastern Europe). In China, the largest market of Vw, deliveries of cars in the group rose by 1.8% in October, and were down 6.5% in 10 months.
Apparently not dieselgate weighed that much in North America, where registrations of VW brand rose by 3.5% in the month (+ 0.2% in the US), and 2.6% in the 10 months (-2.2% in the US) ; it must be said, however, that the numbers are compared with the German double-digit increases competition. Worst performance in Latin America, where deliveries slipped by 41.8% in the month and by 27.2% in the 10 months with Brazil which marked respectively -49.6% and -34.4%.
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