The Chattanooga-made Passat hit a new all-time annual sales record in the U.S., helping drive Volkswagen’s overall sales 35.1 percent higher for 2012, the company reported today.
Volkswagen of America reported that it sold 117,023 Passats for 2012. In December alone, VW sold 14,462 of the midsize sedan.
“Clearly it has been a year of strong growth for VW in the U.S.,” said Jonathan Browning, VW Group of America’s chief executive, in a conference call with analysts and reporters.
Passat sales in 2012 were up 413.7 percent versus 2011, according to the automaker as the company ramped up production of the redesigned vehicle aimed at appealing better to American motorists.
In terms of overall sales in the U.S., 2012 was VW’s best year since 1973, officials said.
See full story in Friday’s Times Free Press.
Mike Pare, the deputy Business editor at the Chattanooga Times Free Press, has worked at the paper for 27 years. In addition to editing, Mike also writes Business stories and covers Volkswagen, economic development and manufacturing in Chattanooga and the surrounding area. In the past he also has covered higher education. Mike, a native of Fort Lauderdale, Fla., received a bachelor’s degree in communications from Florida Atlantic University. he worked at the Rome News-Tribune before ...