The Limited Times

Now you can see non-English news...

USA: BMW, VW and Audi clear away - Wolfsburg-based company with best quarter in 48 years

2021-07-02T17:58:05.668Z


The upswing in the US economy is also heating up the automotive market. However, one reason for the strong sales figures is also the weakness a year ago when the pandemic paralyzed business.


The upswing in the US economy is also heating up the automotive market.

However, one reason for the strong sales figures is also the weakness a year ago when the pandemic paralyzed business.

Herndon - After the onset of the Corona crisis, car sales in the USA are picking up speed again - German manufacturers are also benefiting greatly from this.

Volkswagen sold 120,520 new vehicles with the VW * logo in the important US market in the second quarter.

That was 72 percent more than in the pandemic-related weak period of the previous year, when factories and car dealerships had to be temporarily closed due to lockdowns.

VW sees best quarter since 1973

VW now spoke of the best sales result in a quarter since 1973. In the case of the more expensive urban SUVs, the German industry giant was even able to more than double deliveries.

SUV sales now account for almost three quarters of all VW cars sold in the United States.

For some years now, the manufacturer has been focusing on heavier and larger models, which are particularly popular with US customers.

The VW subsidiary Audi * increased its US sales even more in the three months to the end of June.

The premium provider sold 66,995 cars in this period, 92 percent more than a year ago.

Especially with the SUVs of the Q series, Audi was able to make up ground again after the stresses of the Corona crisis.

The sports car manufacturer Porsche *, which is also part of the VW Group, delivered 18,958 cars, an increase of 55.5 percent compared to the previous year.

BMW doubles sales

BMW * also benefited greatly from the recovery in the US auto market. According to its own information, the Munich-based company sold 96,561 new cars under its own brand in the second quarter, an increase of almost 90 percent compared to the same period of the previous year. The subsidiary Mini grew by almost 77 percent and delivered 9,340 of its small cars to US customers. BMW's German luxury class competitor Daimler does not want to publish the sales figures for Mercedes-Benz USA until later this month.

The US market leader General Motors (GM) was significantly less successful than the German manufacturers. With 688,236 cars delivered, the group fell short of analysts' expectations, despite a year-on-year increase in sales of 40 percent. With production problems due to a shortage of computer chips, GM struggled to meet the high demand. Japanese rival Toyota increased its quarterly sales by 76 percent to 688,813 cars, even outperforming the largest US manufacturer slightly.

GM expects that the shortage of computer chips will continue to slow business. The US economy is picking up speed and demand is likely to remain high into the coming year, but the shortage of chips is likely to continue to lead to complications in the supply chain and burden the supply, said GM chief economist Elaine Buckberg. The second largest US manufacturer, Ford, which plans to present its figures today, recently had similar difficulties as GM. (dpa)

* Merkur.de is part of IPPEN.MEDIA.

Source: merkur

All news articles on 2021-07-02

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.