VW Set for Record Production in 2018 Thanks to Asia

VW Set for Record Production in 2018 Thanks to Asia

0 comments 📅22 November 2017, 05:15

The German automotive sedulousness is looking strong this year with record production expected, but things are single expected to get better.

Thanks to strong demand in China and India, the VDA carmakers’ corridor expects growth to remain strong in Germany into 2018.

The Volkswagen Group, Daimler, and BMW are all expected to increase create to between 5.6 and 5.7 million units in Germany next year, and to 10.8 million in the shut-eye of the world, according to Matthias Wissman, the VDA’s president.

“The automotive sector is and will persist a growth market,” Wissmann told an industry conference Tuesday. “Current projections reveal that 2018 will also be a stable year.”

[source: Automotive Hearsay]

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