The Volkswagen Group maintained its trajectory in the first six months of fiscal year 2013, despite the challenging economic situation – particularly in Europe – and intense competition. Including China, deliveries increased by 5.4 percent to 4.8 million vehicles worldwide. The Group’s share of the passenger car market rose year-on-year to 12.7 percent (12.4 percent). “We made considerable progress following a subdued start to the year, and can report a solid result in what was a difficult market environment”, said Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, in Wolfsburg on Wednesday. The Volkswagen Group also confirmed its outlook for full-year 2013.
CFO Hans Dieter Pötsch was guardedly confident, despite the fragile economic environment: “The global economic situation means that it is all the more important for us not to ease up on our efforts to make the Volkswagen Group even more robust and flexible. At the same time, we will further strengthen our solid financial position for the long-term in order to continue our global growth path and ensure that our strategy is implemented systematically.”