BERLIN (Reuters) – Volkswagen (VOWG_p.DE) on Friday reported the highest-ever September sales result for its core namesake brand, with global registrations up 8 percent year-on-year to 593,700 vehicles.
Nine-month deliveries of VW’s largest division by sales and revenue rose 2.7 percent to 4.49 million autos, with gains in China and the Americas offsetting a decline in western Europe, the carmaker said.
“There are also clear signs of an upturn in the home market of Germany, current orders are well above the previous month,” sales chief Juergen Stackmann said, without being more specific.
Rehearse of 2016
The above trend follows 2016 pattern of global auto sales. According to data by JPM, global auto sales jumped 3.5%m/m in September 2016 on the back of strong gains in July and August. The pace of sales then stood at an all-time high of 78.0 million units per month, annualized. In whole, auto sales jumped 16.2%ar in 3Q (%3m/3m basis) 2016. On a %3m change basis, the move is an even more impressive 27% annualized through September.