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Volkswagen sales reach all-time high

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The Volkswagen Group delivered more vehicles than ever before in fiscal year 2017: 10.74 million customers worldwide chose a vehicle from the Volkswagen Group. As a result, Group deliveries rose 4.3 percent compared with the previous year. At almost one million units, deliveries in December were up by a clear 8.5 per cent. Matthias Müller, CEO of the Volkswagen Group, said: “The all-time record for deliveries is above all attributable to a strong team performance by all Group brands and employees. We are grateful to our customers for the trust these figures reflect. We will continue to do everything we can in 2018 to meet and exceed the expectations of our customers all over the world.”
The Group handed over 4.3 million vehicles to customers in Europe in the full year 2017, representing growth of 3.3 per cent. 338,700 new vehicles were delivered in December (+3.1 per cent), of which 97,500 (+5.0 percent) were handed over to customers in the home market of Germany. Recovery in the Russian market had a positive impact on the performance in Central and Eastern Europe, and led to growth of 13.2 per cent for the full year 2017. 21,000 vehicles (+25.8 per cent) were delivered to customers in Russia in December.
Group deliveries in the North America region rose by 4.0 per cent to 976,400 units in 2017, of which 625,100 vehicles (+5.8 per cent) were handed over to customers in the U.S. market. In line with the overall trend on the passenger car market in the U.S., Volkswagen Group deliveries in December were down 2.7 per cent to 91,500 units. In Brazil, 24,700 customers (+2.4 per cent) took delivery of a new Group vehicle. Driven by the recovery in the Brazilian market, deliveries by the Volkswagen Group in the South America region for the full year 2017 were 23.7 per cent higher than 2016.
Group deliveries in the Asia-Pacific region in 2017 rose by 4.3 per cent compared with the previous year to 4.5 million, of which 4.2 million new vehicles (+5.1 per cent) were delivered to customers in China during the twelve-month period. There was a strong boost in deliveries in the largest single market at the end of the year: 460,100 new vehicles were handed over to customers in China in December – an increase of 17.8 per cent.
“We are making decisive investments in the mobility of tomorrow, using funds from our own resources: In e-mobility, autonomous driving, new mobility services and digitalization. At the same time, we continue to systematically develop present technologies and vehicles. The excellent delivery figures confirm that this is the right approach”, Müller said.

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AutoBeat / Auto Trends

Motoring Tips: 38 FRSC Traffic Offences & Their Penalties

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If caught violating a traffic rule and you wish to wave your right to a court trial, the alternative is to pay the prescribed fine for the particular offence.

In line with our vision to engender an enlightened society with emphasis on the automotive sector, Autojosh presents a list of FRSC traffic offences together with their corresponding penalties.

  1. Traffic/Sign violation

•Penalty: N2, 000

 

  1. Road obstruction

•Penalty: N3, 000

  1. Route violation

•Penalty: N5, 000

  1. Driver’s Licence violation

•Penalty: N10, 000

  1. Dangerous driving

•Penalty: N50, 000

  1. Speed limit violation

•Penalty: N3, 000

  1. Vehicle Licence violation

•Penalty: N3, 000

  1. Driving under alcohol or drug influence

•Penalty: N5, 000

  1. Driving with worn-out tyre or without spare tyre

•Penalty: N3, 000

  1. Driving without or with shattered windscreen

•Penalty: N3, 000

  1. Overloading

•Penalty: N5, 000

  1. Driving without seatbelt

•Penalty: N2, 000

 

  1. Driving a vehicle without forged documents

 

Penalty: N20, 000

 

  1. Failure to report an accident

 

Penalty: N20, 000

 

  1. Vehicle number plate violation

 

Penalty: N3, 000

 

  1. Wrongful overtaking

 

Penalty: N3, 000

 

  1. Road marketing violation

 

Penalty: N5, 000

 

  1. Caution violation

 

Penalty: N3,000

 

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AutoBeat / Auto Trends

Hyundai posts strong April 2018 global sales

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Hyundai Motor Company, South Korea’s largest automaker and No.1 Selling Korean automaker in the world, has announced its global sales results for April 2018, posting a total of 391,197 units sold, up 11.1 per cent from a year earlier.

The highest growth since December 2014 was led by strong sales of new SUV models – the all-new Santa Fe and Kona – while a recent sales rebound in the Chinese market also largely contributed to the growth.

Sales in overseas markets totaled 327,409 units, representing an increase of 12.2 per cent year-over-year. Sales increased significantly as the company’s popular subcompact SUV Kona expanded to key markets and demand remained strong in emerging markets such as Brazil, Russia and India.

Sales in the Korean market increased by 5.7 per cent compared to the same period of the previous year, recording 63,788 units sold. The all-new Santa Fe became the best-selling model in Korea for the second consecutive month, posting 11,837 units sold.

Hyundai Motor plans to maximize profitability by continuing its SUV sales momentum globally.

Monthly sales figures provided in this press release are unaudited and on a preliminary basis.

Hyundai Motor currently has overseas plants in Brazil, China, the Czech Republic, India, Russia, Turkey and the U.S.

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AutoBeat / Auto Trends

Volkswagen forecasts Nigeria automobile market rebound

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Volkswagen AG expects a rebound in vehicle sales in Nigeria as the economy recovers, the head of the company’s South African operations said.

Sales in the West African nation dropped to less than 40 units last year, according to the company. Nigeria was one of several African oil exporters hit hard when crude prices crashed in 2014, but the economy is recovering as oil rebounds.

“Now that the oil price has been recovering hopefully this situation will reverse and we can assemble and see a few hundred cars in the next year or so,” Thomas Schaefer said in an interview at a conference in the Rwandan capital, Kigali.

Volkswagen resumed building cars in Nigeria in 2015, it’s first factory on the continent outside South Africa. The company is set to start producing models including the Polo, Passat and Teramont at an assembly plant in Rwanda next month.

We are “expecting to start with at least 2,000 cars in 2018 alone, but I would love to get to 10,000 cars,” Schaefer said.

While VW is continuously assessing opportunities in countries like Ethiopia, Ghana and Tanzania for expansion, “with these new markets it is a bit of a long shot,” he said.

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