Jump to content
Create New...

Volkswagen Overtakes Toyota in WorldWide Sales


Recommended Posts

G. David Felt
Staff Writer Alternative Energy - www.CheersandGears.com

 

According to the Today show this morning, Volkswagen has for the first 6 months of the 2015 year taken over Toyota and pushed GM to 3rd in worldwide sales.

 

http://www.today.com/video/volkswagen-overtakes-toyota-in-worldwide-sales-493330499874

 

With that then VW follows it up with the normal financial reporting of earnings up 18% for the first 6 months, revenue grew 10.3% to $52.74 billion for the first half. This is on top of VW saying over all deliveries will be flat in 2015 compared to 2014 but due to efficiency and currency translations profits will grow. Yet with this positive info, VW stock is down 30% for the year.

 

http://news.investors.com/business/072915-763993-volkswagen-q2-beats-forecasts-lackluster-sales.htm

 

The story goes on to report that VW sold 5.04 million autos in the world, Toyota sold 5.02 million and GM was just a distant 3rd in global sales.


Guess people mostly like bland boring auto design. Sad  :nono:

Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search

Change privacy settings