Done. VW crosses 10 million mark in 2014, stays #2 worldwide, #1 in China

Geschafft! Winterkorn in Beijing, where the battle was won

Geschafft! Winterkorn in Beijing, where the battle was won

Volkswagen achieved its “first goal of Strategy 2018” by crossing the 10 million unit threshold in 2014. On a group level, Volkswagen delivered 10.14 million units, including heavy trucks and buses by group companies MAN and Scania, the company said in a statement today. Volkswagen beat GM again in China, solidifying its leadership in the world’s largest car market with 3.68 million units vs. GM’s 3.53 million. Worldwide, Volkswagen remains in the #2 slot. [Continue Reading]

Japanese new car market closes the year on an up note. Keis surprise

Japan-December

The Japanese new car market closed the year on an up note. The year 2014 ended up 3.5 percent to 5,562,887 units registered in Japan January through December. December sales across all segments were up 2.1 percent. This according to consolidated data reported by Japanese industry associations.

Executive summary: The big JDM implosion did not happen. [Continue Reading]