Subscribe to our free daily newsletters
  Space Industry and Business News  

Subscribe to our free daily newsletters

China boosts Volkswagen's flagging car sales

by Staff Writers
Berlin (AFP) May 18, 2009
Europe's biggest carmaker Volkswagen said on Monday it had bucked the global trend of sharply lower car sales due to a buoyant market for its autos in China and its home market Germany.

While global sales figures for April were down 4.7 percent compared to the same period last year, the wider market plunged 21 percent, the company said.

Volkswagen's relative success was due primarily to what the firm described as a "positive trend" in China where deliveries powered ahead 21.1 percent.

A scheme introduced by the German government allowing consumers to trade in old vehicles for a discount on a new car has also helped VW sales in Germany which rose 19.9 percent in April.

Nevertheless, VW general manager Detlef Wittig warned that the global car market was still in the doldrums with little to be optimistic about.

"Worldwide car markets are still extremely weak and a recovery is not in sight," Wittig said in a statement.

In total, VW sold 541,600 cars in April, compared to 568,100 in April 2008.

Share This Article With Planet Earth DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook

Related Links
Car Technology at

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Toyota rolls out new Prius to fend off rivals
Tokyo (AFP) May 18, 2009
Toyota Motor on Monday rolled out a cheaper, revamped Prius, seeking to boost its flagging sales and maintain its lead in fuel-sipping hybrids in the face of growing competition from rival Honda. Toyota hopes to sell 10,000 of the third-generation Prius cars a month in Japan, where it has a price tag starting from 2.05 million yen (21,580 dollars), about 12 percent less than the current chea ... read more

The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement