Vw predicts zero growth in car sales for 2010

While Volkswagen predicts that 2010 will have zero growth car sales, it believes it will be able to maintain its market position. VW is one of a few carmakers that reported a profit in this period. VW had an 83% drop year-on-year for the second quarter of 2009, down to 282 million euros.

Detlef Wittig, head of marketing and sales, said that VW’s sales would be at “more or less the same level” in 2010. Sales in 2009 have been boosted by the pan-European scrappage schemes. Half of the 800,000 orders in Germany were due to the scrappage incentive with VW claiming 25% of all scrappage sales so far in Germany.
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chewy - 8/3/2009 10:09:38 PM

+3 Boost

You can become number one if everyone else declines and you stay the same. Which is happening in 2008/09 with VW losing less sales than the competition.

investor27 - 8/4/2009 8:59:39 AM

+3 Boost

Why are they not bringing more Jetta TDI SportsWagen over? They were the ones responsible for VW getting positive numbers this month, so if they want to sell more cars than the break-even point, they should import more TDI SportsWagens.

investor27 - 8/4/2009 6:35:28 PM

+1 Boost

No. Just stick to trying to get more TDI SportsWagen over for now. These have a proven track record that they will sell well. 80% of all SportsWagen sold this past three months or so since they have started shipping them are the TDI version.