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As Worldwide Sales Collapse, VW’s Dieselgate Scandal Could Cost Up To $87 Billion In Total
zerohedge.com / by Tyler Durden on 10/16/2015 10:38
On the day when embattled German auto giant Volkswagen admits that worldwide sales of its VW passenger cars were down 4.0% in September (and also down 4.7% in the first nine months of the year)…
Commercial vehicles collapsed…
Up to the end of September 2015, Volkswagen Commercial Vehicles delivered 321,300 urban delivery vans, Transporters and pick-ups all over the world. The brand’s deliveries therefore continue to be at the level of the previous year (January to September 2014: 324,800, -1.1 per cent).
In the West European markets deliveries fell by 0.2 per cent to 212,500 deliveries (213,000). In Germany deliveries fell by 5.6 per cent to 81,000 vehicles (85,800). There was once again a clear growth in sales in the United Kingdom with an increase of 13.1 per cent to 38,500 vehicles (34,050). In Spain, too, the brand’s sales increased by 8.5 per cent to 7,200 deliveries (6,600).In Eastern Europe deliveries fell by 21.2 per cent as at September to 21,800 vehicles (27,600). In the Middle East 26,000 vehicles were delivered – 43.8 per cent more than the previous year (18,100). In Mexico deliveries rose by 8.9 per cent to 4,800 vehicles (4,400).
In South America Volkswagen Commercial Vehicles delivered 27,700 vehicles (30,000; -7.7 per cent).The brand’s deliveries in Brazil fell by 34.2 per cent to 9,100 vehicles (13,900). 14,500 vehicles were delivered on the Argentinian market, an increase of 13.0 per cent (12,850).
We thought it worth a look at just what VW faces…
The post As Worldwide Sales Collapse, VW’s Dieselgate Scandal Could Cost Up To $87 Billion In Total appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/10/16/as-worldwide-sales-collapse-vws-dieselgate-scandal-could-cost-up-to-87-billion-in-total/
