Wednesday, July 29, 2015

Volkswagen beats Toyota – The Economist

The German group reported on July 17 deliveries of 5.04 million in the first half of the year.

In comparison, Toyota said Tuesday it sold 5.02 million cars between January and June, down 1.5% and compared to last year’s levels.

Toyota, which has plans to announce its first quarter earnings next Tuesday, said sales were pressured by a des acceleration in emerging markets and increased taxes on small cars in Japan.

The rapid expansion of VW hidden poor performance in the United States and Brazil, where the company has been slow to modernize models and adjust their offer to market trends, analysts said.
But staying on top will be a challenge for the German manufacturer the Golf and Polo models, and that deliveries are falling in China, the destination of a third of its global sales, which increasingly relies relatively crippled demand in Western Europe.

Funds @ elEconomista .com.mx

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