More

    Sales of the Volkswagen brand in 2020 decline but a recovery is observed in December

    BERLIN (Reuters) – German automaker Volkswagen said on Tuesday that sales of its main brand fell 15% to 5.3 million vehicles in 2020 as the outbreak of the coronavirus and lockdowns imposed to limit infections hit car dealerships around the world.

    Volkswagen said it saw sales pick up in December from previous months, up 19.5% in Western Europe and 14.7% in North America. He added that demand for its electric models increased 158% over the year to 212,000 vehicles.

    “We are on track to achieve our goal of becoming the market leader in battery electric vehicles,” VW brand CEO Ralf Brandstaetter said in a statement.

    - Advertisement -

    For the full year, Volkswagen brand sales fell 23.4% in Western Europe and 17.1% in North America, while the smallest decline was in China, at 9.9%.

    Reporting by Riham Alkousaa; edited by Emma Thomasson

    - Advertisement -

    Latest Articles