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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

FEBRUARY 27, 2017

The Volkswagen Group made progress in 2016 in overcoming its self-inflicted diesel crisis. Sales revenue in fiscal year 2016 rose by €4.0 In spite of further challenges resulting from the diesel issue and the persistently difficult conditions in vehicle markets such as Brazil and Russia, the Group delivered 10.3

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Volkswagen Group outselling GM in China

Green Car Congress

OCTOBER 18, 2016

For the first nine months of 2016, retail sales by GM and its joint ventures in China increased 9% on an annual basis to a record 2,718,315 units. of those September 2016 deliveries. While the situation in Brazil in particular remained tense, there was significant growth on the Chinese market. of total group sales.

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