FRANKFURT: German car manufacturers BMW and Volkswagen reported robust sales growth in October as demand from abroad offset the weakness of a slowdown in Western Europe.
European car sales figures reflect weak consumer confidence in the crisis region, with registrations in Germany rose by only 1 percent and sales fell in markets like Spain and Italy.
So far, a strong sales abroad helped the German car manufacturers to offset the slight decline in Western Europe.
BMW, the first world producer of luxury cars, sold cars 8.3 percent in addition in October over the same period a year earlier, helped by a gain of 33.5 percent of sales in China of 18,346 vehicles, the company said on Tuesday.
The growth of the VW brand car mass market was slow, but still resisted the European trend of low growth in China and the United States has boosted sales by 10.4 percent in October.
"The Volkswagen brand cars are still on a path of strong growth in sales," said Volkswagen's sales chief Christian Klingler said in a statement.
Car sales in the U.S. rose 7.5 percent in October, when the Volkswagen group with the highest year on year gains of 40 percent.
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