Volkswagen Group Registers Record Sales In 2017
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Highlights
The Volkswagen Group posted record sales in the 2017 fiscal year by delivering cars to 10.74 million customers worldwide. The company's deliveries rose by 4.3 percent compared with the previous year. Matthias Muller, CEO of the Volkswagen Group, said, "The all-time record for deliveries is above all attributable to a strong team performance by all Group brands and employees. We are grateful to our customers for the trust these figures reflect. We will continue to do everything we can in 2018 to meet and exceed the expectations of our customers all over the world."
The Group handed over 4.3 million vehicles to customers in Europe in 2017, showing a growth of 3.3 percent. Group deliveries in the North America region rose by 4.0 percent to 976,400 units in 2017, of which 625,100 vehicles were handed over to customers in the U.S. market. In Brazil, 24,700 units were sold by the group showing a growth of 2.4 percent. Group deliveries in the Asia-Pacific region in 2017 rose by 4.3 percent compared to the previous year. There was a strong boost in deliveries in the largest single market at the end of the year: 460,100 new vehicles were handed over to customers in China in December - an increase of 17.8 percent.
Muller said, "We are making decisive investments in the mobility of tomorrow, using funds from our own resources: in e-mobility, autonomous driving, new mobility services and digitalization. At the same time, we continue to systematically develop present technologies and vehicles. The excellent delivery figures confirm that this is the right approach"