Volkswagen Group Of America Has Sales Of 580,286 Vehicles In 2012

Monday, January 14, 2013

Volkswagen Group of America, Inc. closed out its record-breaking 2012 with sales of more than 580,200 units, making 2012 the best year in the organization’s U.S. sales history. The Volkswagen Group’s previous sales record was set in 1970, when the organization delivered 577,387 units in the U.S. market.  The market share of VWGoA was 4.0 in 2012, up 0.6 from 2011.  

“Our employees and our dealer and supplier partners have worked very hard to establish foundations for success in the U.S. market, and they deserve so much credit for setting this new record,” said Jonathan Browning, president and CEO, Volkswagen Group of America, Inc.  “We are pleased to see all of our brands contributing to growth and setting this new landmark”.

The Volkswagen brand had its best year since 1973, selling 438,133 vehicles.  Volkswagen saw success with models across the portfolio. Since 2009, the Volkswagen brand has increased sales by 105 percent.  The Chattanooga-built Passat sold 117,023 units, its best year ever. The company’s volume-leading Jetta sold 170,424 vehicles.  2012 also marked the best year ever for the Tiguan, which sold 31,731 vehicles for the year, an increase of 22.1 percent.  

The Audi brand continued its momentum with its best year ever, delivering 139,310 vehicles. Since 2009, the brand has increased sales by 68 percent. Audi ended the year with its 24th consecutive month of record sales, and December 2012 was the best month ever since Audi began selling cars in the U.S. market in 1970. Never before had Audi sold more than 13,000 vehicles in a month, but in December 2012, the brand delivered 14,841.

The luxury brands of the Volkswagen Group of America also saw significant gains in 2012. Bentley delivered 2,315 vehicles for the year. In 2013, Bentley Motors of the Americas will be moving its U.S. headquarters from Boston to Herndon, Va., joining Volkswagen of America, Audi of America, Lamborghini and VW Credit, Inc.  

Bugatti had a successful 2012.  Lamborghini ended the year with growth of more than 50 percent. 

The year saw the opening of a new $27 million technical center in Oxnard, Ca., as well as the groundbreaking of a parts distribution center in Roane County, Tn. and the expansion of the company’s financial services arm, VCI, Inc., in Libertyville, Il. Both will open in 2013. In January 2013, one of the largest solar parks in Tennessee will open on the Volkswagen Chattanooga site, providing 9.5 megawatts, up to 12.5 percent of the 2 million-square-foot plant's power.   


Tennessee Supreme Court Holds Prevailing Party Entitled To Agreed-Upon Attorney's Fees

The Tennessee Supreme Court has reversed a decision of the Court of Appeals, which declined to award attorney’s fees on appeal in a post-divorce proceeding.  In the underlying final divorce decree of the parties in this case, the husband and wife were parties to a marital dissolution agreement, which contained a provision for the award of attorney’s fees to the prevailing ... (click for more)

Tennessee State Revenues Exceed Budgeted Amounts In April

Tennessee tax revenue exceeded budgeted estimates in April. Department of Finance and Administration Commissioner Larry Martin on Tuesday announced that overall April revenues were $1.9 billion, which is $148.9 million more than the state budgeted.                        “Total reported revenues in April reflect significant ... (click for more)

Weather Service Warns Of Possibility Of Isolated Tornadoes For Chattanooga Area

The National Weather Service warned of the possibility of isolated tornadoes for the Chattanooga area on Wednesday. Strong thunderstorms are also possible. The warning is through 4 p.m. Here is the advisory: SPECIAL WEATHER STATEMENT UNTIL  4PM EDT  WED ...SEVERE THUNDERSTORMS POSSIBLE TODAY, ESPECIALLY AREAS EAST OF INTERSTATE 75... A STRONG UPPER ... (click for more)

Alexander: Corps Allocates $37 Million For Chickamauga Lock, Construction For 3rd Consecutive Year

Senator Lamar Alexander (R-Tenn.) said the Army Corps of Engineers Work Plan for Fiscal Year 2017 "includes good news for all of East Tennessee – and everyone who benefits from river traffic passing through the Chickamauga Lock in Chattanooga." In addition to funding slated for the first three priority projects of the Inland Waterways Trust Fund, the Corps of Engineers’ Work ... (click for more)

Tennessee Business Expansions On Rise Across State

In 2016, Tennessee was named State of the Year for Economic Development by Southern Business & Development Magazine based on project totals and the variety of industries that invested in the state and created jobs. To a great extent, Bradley and Polk Counties have benefited from that investment.   From February 2015 to February 2016, Cleveland/Bradley County led the ... (click for more)

Roy Exum: My Life With 007

I was 13 when the first of 24 James Bond movies came out and, at a time when my sap was just beginning to rise, I will never forget Ursula Andress stepping out of the sea wearing that white bikini. Our hero walks over to the dripping Honey Ryder – that was her name in “Dr. No” – and she says in the Swiss accent, “Are you looking for shells too?” And the first classic reply of thousands ... (click for more)