Arab Today, arab today vw to break sales record but outlook grim
Last Updated : GMT 17:18:17
Arab Today, arab today
Arab Today, arab today

VW to break sales record, but outlook grim

Arab Today, arab today

Arab Today, arab today VW to break sales record, but outlook grim

Beijing - DW

Thanks to double-digit growth in China, eastern Europe and the US, German carmaker Volkswagen is set to reach a new sales record this year. However, the outlook for next year is bleak it says. By the end of November, Volkswagen had delivered 5.22 million cars to customers around the world - 11.2 percent more than between January and November last year, the German car group said Tuesday. On a monthly basis, sales in November were even slightly higher than the annual average, growing by 11.5 percent as the auto maker was bucking the general trend of slumping sales in the European car industry. \"For the whole of this year, we are well on the way of reaching a new sales record,\" VW Chief Executive Martin Winterkorn told a staff meeting in Wolfsburg on Tuesday. Winterkorn attributed VW\'s success to the firm\'s high flexibility and international outreach, as well as to the premium quality of its products. In the world\'s biggest car market China, Volkswagen was able to boost 2012 sales by 19 percent to a total of 1.9 million vehicles by November. In North America, some 563,000 units were sold, 25 percent more, while sales in Russia even gained a stunning 45 percent. However, CEO Martin Winterkorn also said that the coming year 2013 would become a \"tough year\" for the global auto industry in general, and for Volkswagen in particular. Nevertheless, he announced new investments to the tune of 1.8 billion euros ($2.3 billion), at a time when other European carmakers such as Opel, Peugeot and Ford are shutting down factories in efforts to match output with dwindling demand.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today vw to break sales record but outlook grim Arab Today, arab today vw to break sales record but outlook grim

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday