BERLIN — Volkswagen AG says its worldwide deliveries were up by nearly a quarter in the first three months of this year as the car market rebounded in many regions.
The company said today that its brands delivered 1.73 million cars in the first quarter — an increase of 24.6 percent over a year earlier.
Europe’s largest automaker said first-quarter sales were up nearly 61 percent in China to 457,300 cars and 37.2 percent in the U.S. to 80,000. European sales were up 13.5 percent to 837,100.
The Volkswagen group includes units such as Audi, Skoda and Seat.
VW board member Christian Klingler said that there are “clear signs of a revival on the overall passenger car market” in may regions but that “we still expect this to be a tough year.”
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info