Volkswagen, Audi sales increase despite emissions cheating scandal – Los Angeles Times

Posted: Thursday, October 01, 2015

September auto sales were so strong in the U.S. that even Volkswagen squeezed out a small gain — despite halting sales of its diesel cars because of an emissions test-rigging scandal.

Volkswagen’s U.S. division said it sold 26,141 vehicles in September, up by just 145 cars from what it sold in the same month a year earlier.

Volkswagen’s Audi brand, whose A3 diesel version is its only model caught up in the emissions-rigging scandal, was mostly unaffected. Audi reported that domestic sales in September increased 16.2% to 17,340 vehicles.

“Volkswagen’s deception is dominating headlines, but it is not keeping shoppers away from other brands’ showrooms,” said Jessica Caldwell, an analyst at auto information company Edmunds.com.

Automakers sold more than 1.4 million vehicles in the U.S. in September, a 15.8% gain from the same month a year earlier, according to Autodata Corp., an industry research firm.

General Motors, Ford, Chrysler, Toyota and Nissan all posted double-digit increases.

“It is an incredibly robust market,” said Beth Ann Bovino, senior economist at Standard & Poor’s corporate credit rating agency. “Considering there are still so many older vehicles on the road, the market might not be tapped out.”

Auto shopping company TrueCar.com believes automakers will sell 17.4 million vehicles in the U.S. this year, which depending on the exact number could break the industry’s record sales of the same amount in 2000.

Others in the industry are projecting auto sales well above 17 million, which would make it the second best year ever.

Comments

Write a Reply or Comment:

Your email address will not be published.*