VW sales rise 25% on rebound
Source: Agencies |
April 17, 2010, Saturday
|
Print Edition
Print Edition
Volkswagen AG's worldwide deliveries rose by nearly a quarter in the first three months of this year as the car market rebounded in many regions, the company said yesterday.
Europe's largest auto maker said its brands delivered 1.73 million cars in the first quarter, an annual increase of 24.6 percent.
First-quarter sales rose nearly 61 percent in China to 457,300 cars and 37.2 percent in the United States to 80,000, said the company, based in Wolfsburg, Germany.
Overall European sales were up 13.5 percent to 837,100; deliveries in VW's German home market, where a government car-scrapping bonus program expired in September, were up a modest 1.2 percent at 254,400.
The Volkswagen group includes units such as Audi, Skoda and Seat. It did not give separate figures for March.
"There are clear signs of a revival on the overall passenger car market in many parts of the world," VW board member Christian Klingler said in a statement.
"Nevertheless, we still expect this to be a tough year," he said. "We believe that differentiated growth in the various regions of the world is likely to continue over the coming months."
Europe's largest auto maker said its brands delivered 1.73 million cars in the first quarter, an annual increase of 24.6 percent.
First-quarter sales rose nearly 61 percent in China to 457,300 cars and 37.2 percent in the United States to 80,000, said the company, based in Wolfsburg, Germany.
Overall European sales were up 13.5 percent to 837,100; deliveries in VW's German home market, where a government car-scrapping bonus program expired in September, were up a modest 1.2 percent at 254,400.
The Volkswagen group includes units such as Audi, Skoda and Seat. It did not give separate figures for March.
"There are clear signs of a revival on the overall passenger car market in many parts of the world," VW board member Christian Klingler said in a statement.
"Nevertheless, we still expect this to be a tough year," he said. "We believe that differentiated growth in the various regions of the world is likely to continue over the coming months."
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