VW posts global sales increase for May
Volkswagen, Europe’s largest automaker, has posted its first sales increase for 2009 this May with global figures rising 1.5 per cent to total 556,700 sales.
The figures come mainly thanks to strong demand in China and Germany, the automaker’s two largest markets, with VW posting an impressive 36 per cent sales gain in its home country of Germany during May largely due to a government-sponsored scappage program.
“We have to some extent been able to uncouple ourselves from an overall market that remains very weak thanks to our strong, young product range plus the additional sales advantage that comes from the comparatively high residual value of our used cars,” said VW sales chief Detlef Wittig.
With many other manufacturers yet to show signs of recovery it's unclear as to whether the car market as a whole has hit rock bottom yet, or is on the up-and-up. But, for VW at least, the news is very positive.
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