Volkswagen Reports Record Car Sales In 2016 Despite Emissions Scandal

Despite the dieselgate scandal, Volkswagen AG recorded a 0.8 percent increase of growth in North America.

By Sreejith

German auto major Volkswagen said on Tuesday that it had sold 10.3 million cars worldwide in 2016 despite the emissions-cheating scandal. The firm also a witnessed a growth of 3.8 percent in sales compared to the year-ago period.

Volkswagen Reports Record Car Sales In 2016 Despite Emissions Scandal

The sales figures include the brands under the VW group which are Audi, Porsche and Skoda. VW group registered sales of 4.3 million units in the Asia-Pacific region, with China accounting almost 2.9 million and surged 12.2 percent growth.

Volkswagen Reports Record Car Sales In 2016 Despite Emissions Scandal

The manufacturer sold 4.2 million vehicles in Europe but in its home market, the firm suffered a sales decline of 7.2 percent. In Germany, the group sold 1.3 million vehicles.

Volkswagen Reports Record Car Sales In 2016 Despite Emissions Scandal

Despite the dieselgate scandal, VW recorded a 0.8 percent increase of growth in North America. The group sold 9,39,100 vehicles in the region and more than half found new owners, while in South America, it accounted 4,21,300 sales which is 25 percent down on the sales compared to the year before.

Volkswagen Reports Record Car Sales In 2016 Despite Emissions Scandal

Volkswagen's arch-rival Toyota is yet to announce its sales figures and is likely to report it next month. According to some reports, the Japanese firm is expected to have sold 10.09 million vehicles, which is less than what VW managed to do.

Volkswagen Reports Record Car Sales In 2016 Despite Emissions Scandal

Speaking about the successful 2016 year, VW Group's CEO, Matthias Muller said, "2016 was a very challenging year for us. We made strides in resolving and overcoming the diesel crisis and at the same time initiated a fundamental change process with ‘Together - Strategy 2025' to get Volkswagen ready for the future of mobility.

Volkswagen Reports Record Car Sales In 2016 Despite Emissions Scandal

"Nonetheless, we managed to stabilise operating business in difficult conditions: the fact that we handed over more than 10 million vehicles to customers last year bolsters the Group and its brands as we head into the future."

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Read more on: #volkswagen #auto news
Article Published On: Wednesday, January 11, 2017, 15:44 [IST]
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