While Volkswagen predicts that 2010 will have zero growth car sales, it believes it will be able to maintain its market position. VW is one of a few carmakers that reported a profit in this period. VW had an 83% drop year-on-year for the second quarter of 2009, down to 282 million euros.
Detlef Wittig, head of marketing and sales, said that VW’s sales would be at “more or less the same level” in 2010. Sales in 2009 have been boosted by the pan-European scrappage schemes. Half of the 800,000 orders in Germany were due to the scrappage incentive with VW claiming 25% of all scrappage sales so far in Germany.
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