none

VOLKSWAGEN’S US SALES DOWN 15 PERCENT IN JANUARY

08-02-2016
by 
in 

Volkswagen sales in the US are off to a shaky start in 2016 as the company continues to struggle with the scandal over diesel emissions.

Federal regulators in September found that hundreds of thousands of VW vehicles were equipped with software to manipulate emissions levels during official testing.

The German automaker could face billions in fines and was hit hard by sales declines in subsequent months.

November’s sales were down 25 percent compared to the previous year, but the drop eased to 9 percent in December.

Last month, however, VW sales fell by 15 percent in the US, according to figures released last week.

The company attributed the totals to rough weather in the Northeast and seasonal variations in its fleet business. It noted that deliveries of its Tiguan compact SUV set a January sales record.

US automakers noted that January included two fewer selling days and one less weekend than the previous January, along with rough winter weather.

Related news & editorials

  1. 03.12.2018
    03.12.2018
    by      In
    Australian manufacturing continues to grow, according to the Ai Group’s latest Performance of Manufacturing Index, but the figures show some worrying signs. The Australian PMI for November 2018 remained in positive territory at 51.3, but at a full seven points below the previous month, this is the... Read More
  2. 20.11.2018
    20.11.2018
    by      In
    All Australian states and territories recorded an increase in gross state product in 2017-18, according to the latest figures from the Australian Bureau of Statistics. The ACT, Victoria, Queensland and Tasmania exceeded the national gross domestic product growth rate of 2.8%, while New South Wales... Read More
  3. 14.11.2018
    14.11.2018
    by      In
    Although Australia’s small and medium-sized businesses generate employment, drive innovation and boost competition, it has always been difficult for them to get credit finance from banks, especially in the past few months, due to the royal commission into financial services, stricter loan... Read More
  4. 01.11.2018
    01.11.2018
    by      In
    The growth of the manufacturing sector continued through October 2018, with the Ai Group’s Performance of Manufacturing Index holding firm at 58.3, just a tick below September’s rating of 59. The 25th consecutive month of PMI ratings above 50 (indicating growth) comes with further encouraging... Read More