VOLKSWAGEN REPORTS SEPTEMBER 2008 SALES

Oct. 1 media.VW.com

Link to Press Release

HERNDON, Va.— Volkswagen of America, Inc. today announced September 2008 sales of 17,109 units, a 9.4 percent decrease over the September 2007 sales of 18,891 vehicles. On a year-to-date basis, 2008 Volkswagen sales are 0.2 percent ahead of 2007 sales through September.

“This is the toughest economy we’ve seen in a long time” said Mark Barnes, COO, Volkswagen of America, Inc. “We’re extremely pleased that we are still ahead of last years sales. With the arrival of our all-new luxurious CC and our seven passenger minivan, Routan, which are arriving in dealerships now, combined with our other new products launched earlier this year, such as our 50-state compliant clean diesel Jetta TDI, we see opportunity to continue to grow our business.”

Demonstrating that customers are looking for better fuel economy choices, the all-new Jetta TDI and Jetta SportWagen TDI continue to sell as fast as dealers get them in. 2008 has been a big year for Volkswagen new product launches, with five new vehicles launched, including the Jetta SportWagen, Jetta TDI, Tiguan, Routan and CC.

About Volkswagen of America, Inc.

Volkswagen of America, Inc. recently announced Electronic Stabilization Program (ESP) as standard equipment on all its 2009 model year vehicles. As a result, Volkswagen is one of the only original equipment manufacturers to offer an electronic stabilization control system on its entire product line – ahead of the National Highway Traffic Safety Administration’s (NHTSA) deadline requiring stabilization systems in the 2012 model year vehicles. Volkswagen’s ESP technology works in conjunction with anti-lock brakes and helps reduce loss of control and other types of crashes.

Founded in 1955, Volkswagen Group of America is headquartered in Herndon, Virginia. It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. Volkswagen is one of the world’s largest producers of passenger cars and Europe’s largest automaker. Volkswagen sells the Rabbit, New Beetle, New Beetle convertible, GTI, Jetta, GLI, Passat, Passat wagon, Eos, and Touareg through approximately 600 independent U.S. dealers. Visit Volkswagen of America online at vw.com.

VW still has attractive leases, so this helps them from a huge nosedive.

surprised to see the rabbit down.

Rabbit is a nice product but a bit pricy for a small car with a little lower fuel economy.

The 2.5 is smooth and torqueish to drive, though.

Hoping the diesel comes here in the next gen Rabbit.

Chris