Industry News from Yes Insurance
19 January 2009 Volkswagen increases market share
An increasing percentage of van insurance customers in the UK may be putting their faith in Volkswagen, if new figures are anything to go by.Data released by the manufacturer showed the company increased its market share by nearly one per cent last year.
In addition to this, the group retained its position as the top van importer.
The company also saw its global sales of commercial vehicles grow to 503,025 - a rise of 2.9 per cent.
Chief executive Stephan Schaller commented: "Despite the difficult market trends in the second six months of the year, we have achieved the best ever sales in the history of our company."
He went on to say that Volkswagen was standing by its long-term goal of selling 750,000 commercial vehicles by 2018, despite the downturn in the market.
Meanwhile, the marque recently announced it was offering a variety of finance deals to people looking to buy some of its most popular vans.
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