Volkswagen leaders reported November sales figures Monday, and—at least for now—the company's momentum continued to build last month.
"Volkswagen continued its oft-sung refrain of best month since 1973," Michelle Krebs, senior analyst with Edmunds.com, said in a prepared statement. "With a 29 percent gain over last November, the beefy year-to-year comparisons will have to come down eventually, but for now, Volkswagen is on a roll."
Volkswagen of America leaders reported they sold 36,728 vehicles in November. That's a 29.3 percent increase over last year's sales and a 35 percent year-to-date increase.
It's the best November the company has had since 1973.
“Significantly, the brand is now more than 100,000 units ahead of where we were this time last year," Jonathan Browning, president and CEO of Volkswagen Group of America Inc., said in a prepared statement. "This is a testament to the appeal of our affordable German-engineered vehicles and the strength of our dealer network."
The locally produced Passat sold 10,544 units in November. The company has now surpassed the 100,000 mark for Passats sold. Year to date, they have sold 102,561 Passats.
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