Volkswagen June sales rise 166 percent
July 1st, 2011 - 4:20 pm ICT by IANSNew Delhi, July 1 (IANS) German automobile major Volkswagen Friday reported 166 percent growth in its sales during June as against the same month last year.
“Despite the current slowdown in the market due to recent hikes in both fuel prices and lending rates, we have fared pretty well in the current month, thanks to the strong product line up that we have in the market,” said Neeraj Garg, member of board and director, Volkswagen Passenger Cars, Volkswagen Group Sales India.
Units sold in June were 5,397 as against 2,032 units sold during the like period of the previous financial year.
The Polo and the Vento continue to be the backbone for the brand with a total of 5,136 units sold in June 2011, the company said in a statement.
The company also emphasised that the recently launched Passat with blueMotion technology, which gives higher fuel efficiency, also received good response from customers with 197 units sold in June 2011.
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- Interest rates, fuel hikes dampen automobile sales in June (Roundup) - Jul 01, 2011
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- August auto sales slump on high fuel, interest costs (Roundup) - Sep 01, 2011
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- Brit team sets world record of 1,527 miles in car on one fuel tank - Oct 04, 2010
- Hyundai's August sales grow one percent - Sep 01, 2011
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Tags: backbone, fuel efficiency, fuel prices, german automobile, group sales, India, july 1, New Delhi, passat, passenger cars, polo, slowdown, vento, volkswagen, volkswagen group