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Volkswagen Group said on the 25th that after the mass commercial vehicle business hit a record high in 2008, it may experience a decline in 2009. Despite the expected decline in sales, the public still hopes to increase its global market share in 2009. In 2008, Volkswagen’s global market share increased slightly to 15%.
At present, VW is still the best-selling brand in the European light car market.
In early March, Volkswagen Group announced that its net profit in 2008 increased by 4.8 billion euros from 4.1 billion euros in 2007; overall sales of the group increased by 4.5% from the same period of last year, from 109 billion euros to 114 billion euros.
Volkswagen Commercial Vehicles anticipate that global sales will decline further in 2009