Volkswagen, often abbreviated to VW, is a German car manufacturer with its headquarters located in Wolfsburg, Germany. Volkswagen is the top-selling brand of the Volkswagen Group and is the largest German car manufacturer. The Volkswagen is also one of the biggest companies in the world in terms of revenue and owns other car brands such as Audi, Bentley, Bugatti, Lamborghini, Porsche, Seat and Skoda. Because Volkswagen started out, as it name says, a transportation mobile for the ‘’Volk’’, meaning ‘’folk’’, it’s one of the most driven worldwide as it’s of high quality German engineering and mid-range in price, making it affordable for the people. VW spends a record amount of money on Research and Development, by which they keep their momentum and competitive advantage. By that logic they hope they can continue to give practical use to their slogan ‘’das Auto’’, meaning ‘’The Car’’.
Sales statistics Volkswagen
Volkswagen is one of the car brands that dominate the European market. Far out the most of its revenue in 2013 came from Europe (60%). If we consider the Volkswagen Group, we also see that Volkswagen dominates sales in that area. Where Volkswagen sold 4,7 million vehicles in 2013, Audi was second-best within the Volkswagen group with 1,299,000 sales. And Volkswagen is not even close to stopping either. It was the only car brand that grew its market share over the difficult time of the financial crisis, therewith ruling out all excuses of other car manufacturers that could have been made. Volkswagen had a market share of 9.84% in 2003 and managed to raise this to 12.58% in 2013. Many automobile manufacturers aim to challenge Volkswagen prime position on top in Europe and competition seems to be immense for 2014 with Citroen, Peugeot, Toyota and Renault all hoping to steal away its potential customers. Maybe more than ever for that reason does Volkswagen seek more opportunities in China as it is expected to outpace Europe rather sooner than later, which logically is the reason why Volkswagen has recently decided to add two plants in China. In the United States, total sales were 407,704 units in 2013, confirming the omnipresent status of Volkswagen. Next to that, many VW cars are also exported from the U.S. to Europe.
At least 69,511 cars were exported from the U.S. to Europe since 1992. The Volkswagen Passat is with 40% by far the most exported VW from the U.S. to Europe.
A salvage title is issued when an insurance company has decided via its policy not to reinvest in a damaged vehicle, because the cost of repair is higher than the residual value of the vehicle. Although these cars are normally scrapped, some are repaired illegally and sold/exported to Europe. Other cars have a stolen VIN and somehow appear in Europe with the history of another vehicle. We recommend our customers to check the vehicle history of the car before buying. There are currently 22.067 U.S. exported VW vehicles in Europe with a history of a salvage title. That is almost 1/3 of all U.S. exported Volkswagen cars in Europe.
Another risk factor for VW is airbag deployment. Presently, there are 4,613 VW vehicles in Europe that were imported from the U.S. with a history of airbag deployment. Airbag deployment itself doesn’t have to be dangerous, yet airbag deployment infers that a thorough reparation is needed. CARFAX has detected that, especially for vehicles exported from the U.S., this is not always the case. Many times, the airbags are recovered at the lowest cost possible, which means that they don’t offer full protection or functionality as was promised by the manufacturer.
Certainly not less important is the risk factor of flood history. Since many states in the U.S. are exposed to varying extreme weather conditions, a logical consequence is that some cars are affected by flood damage. What happens is that many of these cars with such a history are exported to Europe, putting European import consumers at risk with such vehicles. In case of VW, there are 1,406 vehicles in Europe with a history of flood damage. Thoroughly check the history of your vehicle to prevent financial surprises.
Since 1992 over 15883 Volkswagen Jetta were imported from the U.S. to Europe. More than 60 % of all American Volkswagen Jetta Imports have one or more risk factor!
Since 1992 over 6876 Volkswagen Touareg were imported from the U.S. to Europe. More than 15 % of all American Volkswagen Touareg Imports have one or more risk factor!
Since 1992 over 4510 Volkswagen Golf vehicles were imported from the U.S. to Europe. More than 25 % of all American Volkswagen Golf Imports have one or more risk factor!
Since 1992 over 1209 Volkswagen Tiguan vehicles were imported from the U.S. to Europe. More than 70 % of all American Volkswagen Tiguan Imports have one or more risk factor!
Since 1992 over 15833 Volkswagen Jetta vehicles were imported from the U.S. to Europe. More than 60% of all American Volkswagen Jetta Imports have one or more risk factor!
Volkswagen New Beetle
Since 1992 over 4286 Volkswagen Beetle vehicles were imported from the U.S. to Europe. Almos 50% of all American Volkswagen Beetle Imports have one or more risk factor!