SHARE
COPY LINK

TRANSPORT

VW’s record sales cannot overtake Toyota

Volkswagen posted record-breaking global sales in 2012, up 11 percent at 9.07 million vehicles, but the ambitious German automaker continues to trail Japanese rival Toyota.

VW's record sales cannot overtake Toyota
Winterkorn presents the figures. Photo: DPA

VW, which aspires to be the world’s biggest automaker by 2018, has a fair way to go to surpass the current champion, as Toyota has forecast that 2012 sales will jump 22 percent to 9.7 million vehicles.

GM, which briefly regained the crown after Toyota’s supplies were shattered by the 2011 Japanese earthquake and tsunami, has not yet forecast or released its global sales figures for last year.

VW chief Martin Winterkorn expressed confidence for the future.

“This industry remains a growth industry worldwide and in this country,” Winterkorn told reporters on the eve of the Detroit auto show.

“We want to outpace the industry,” he said, adding “the VW group developed extremely well in difficult conditions.”

However sales chief Christian Klingler cautioned progress could be slower this year if the situation in Europe continues to deteriorate.

“Present uncertainties will intensify in 2013,” he said, adding “markets remain challenging, competition is getting tougher.”

The 12-brand giant’s sales jumped 34 percent in the United States, eight percent in South America and 25 percent in China, VW’s largest market with 2.81 million vehicles sold last year.

The group hopes to sell “well in excess” of 600,000 Volkswagens and Audis in the United States this year, up marginally from 596,100 in 2012.

Sales were stable overall in Europe despite the economic crisis, but were down 6.5 percent in Western Europe excluding Germany at 1.85 million.

It nonetheless performed much better than the number two European automaker, France’s PSA Peugeot Citroen, which saw its sales plummet 16.5 percent in 2012.

Among VW’s various brands, the European crisis hit Spain’s Seat hardest as sales fell 8.3 percent. The group’s other brands, VW, Audi, Porsche, Skoda and its commercial vehicles, delivered gains of 4.1 to 11.7 percent.

AFP/hc

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.

TRANSPORT

Copenhagen Metro lines reopen after two-week closure

Lines M3 and M4 of the Copenhagen Metro are back in service having reopened on Sunday, one day ahead of schedule.

Copenhagen Metro lines reopen after two-week closure

The two lines had been closed so that the Metro can run test operations before opening five new stations on the M4 line this summer.

The tests, which began on February 10th, are now done and the lines were running again as of Sunday evening, a day ahead of the original planned reopening on Monday February 26th.

“We are very pleased to be able to welcome our passengers on to our two lines M3 and M4,” head of operations with the Metro Søren Boysen said.

“The whole test procedure exceeded all expectations and went faster than expected and we can therefore get a head start on our reopening now,” he said.

Time set aside for potential repeat tests was not needed in the event, allowing the test closures to be completed ahead of time.

“Several of our many tests went better than expected and we have therefore not used all the time we needed for extra tests,” Boysen said.

The two lines serve around one million passengers every week, according to the Metro company.

READ ALSO: Copenhagen city government greenlights extension to Metro line

The new stops on the M4 line will be located south of central Copenhagen in the Valby and Sydhavn areas. The will have the names Haveholmen, Enghave Brygge, Sluseholmen, Mozarts Plads and København Syd (Copenhagen South).

The M3 and M4 lines, the newer sections of the Metro, opened in 2019 and 2020 respectively.

SHOW COMMENTS