Volkswagen Registers Record Sales In 2017 Despite Dieselgate

Carprices Team / Posted On - August 23rd 2022

Volkswagen Group was embroiled in a massive emissions scandal going back many years. Despite having to pay penalties and losing customer trust, VAG actually sold more cars in 2017 than in the previous year.
Volkswagen was badly hit due to Dieselgate scandal, which saw the German automotive giant cheat on emissions tests and later be uncovered by various automotive regulatory authorities across the globe. The scandal resulted in the ousting of Martin Winterkorn, then CEO of VAG. The group sold 11 million vehicles that were fitted with 'defeat device' software code that allowed the cars to cheat on official emissions certificates. VAG ended up paying fines to the tune of $18 billion to the US regulatory authority alone, plus many other firms worldwide.
Despite a scandal of such proportions and timeline, Volkswagen seems to have still retained the trust of its consumers, and raked in more last year. The group registered sales of a total of 6.2 million cars, which is an increase of 4.2% over the number of cars sold in 2016. Although the increase is modest at best, it still is better than going the other way and losing sales for VAG. It's not all good news for the group though, as sales in the US were low in the month of December itself, a drop of 19% compared to December 2017. Diesel sedan sales were also down in Europe, eating slightly into VW's growth chart.
“Based on economic forecasts and our plans for new models, there is no reason to expect that 2018 should turn worse than 2017,” VW brand sales chief Juergen Stackmann said on Sunday at the 2018 NAIAS Detroit. Reuters reports that VW will announce deliveries for its automaker group as a whole, which includes Audi and Porsche, on Wednesday.

Latest News

10 Best Cars To Buy In UAE Under AED 100K In 2024 ...
2024 Mercedes-Benz EQS Gets An Extensive Update Wi...
The New Alfa Romeo Milano Is A Compact SUV That Ex...
Lamborghini Huracan STJ Pays Homage To The Huracan...
2025 Toyota 4Runner SUV | Refines Off-Road Adventu...
The New Audi S3 Is More Agile, Expressive And Powe...

FROM LAST TWO WEEK

10 Best Cars To Buy In UAE Under AED 100K In 2024 | Best Cars And SUVs To Buy In The UAE!
April 12th 2024

2024 Mercedes-Benz EQS Gets An Extensive Update With Upright Star And Even More Range!
April 12th 2024

The New Alfa Romeo Milano Is A Compact SUV That Exudes Sportiness!
April 11th 2024

Lamborghini Huracan STJ Pays Homage To The Huracan Line-Up!
April 10th 2024

2025 Toyota 4Runner SUV | Refines Off-Road Adventures With Modern Touches!
April 10th 2024

The New Audi S3 Is More Agile, Expressive And Powerful!
April 9th 2024

Ten Key Points About The 2025 Infiniti QX80 SUV!
April 8th 2024

2025 Renault Captur Break Covers With More Tech And Sharper Looks!
April 5th 2024

Porsche Dubai Introduces Porsche Drive Rental Service For The Enthusiasts!
April 4th 2024

2024 Lexus GX VS 2024 Nissan Patrol! Which One Is Better For The UAE Environment?
April 3rd 2024

Popular News

Article Image
Best SUVs To Buy Under AED 100,000 in UAE in 2024
Article Image
Best New Cars To Buy In UAE Under AED 100,000!
Article Image
All-New 2024 Toyota Land Cruiser Prado Returns To Rule The Off-Roads!
Article Image
Top 10 Best Chinese Car Brands In The UAE
Article Image
Top 10 New Hybrid Cars To Buy In UAE Under AED 230,000
Article Image
Top 10 Chinese Cars To Buy In UAE In 2023!
Article Image
10 Best New SUVs To Buy In UAE Under AED 80,000
Article Image
Top 10 Most Fuel Efficient Cars in UAE | Fuel-Efficient Car in Dubai
Article Image
10 Important Things To Know About the 2024 Toyota Land Cruiser Prado Before Its UAE Launch
Article Image
2024 Toyota Land Cruiser 70 Series Revealed!