China helps Volkswagen to achieve some impressive numbers in 1st quarter

Article by Christian Andrei, on April 15, 2011

Deliveries of Volkswagen AG's globally in the first quarter of 2011 climbed by 13.7% to a record-breaking 1.97 million vehicles. VW’s deliveries in March also set a record, after selling over 767,200 cars, an 8.1% increase compared to the previous year. VW seeks to overtake Toyota Motor Corp. by 2018 and become the world’s best-selling automaker.

Last year, the VW group had record sales of 7.14 million units, which placed it at third behind General Motors Co., which sold 8.39 million units and Toyota, which had sales of 8.42 million.

In a statement, VW Group sales and marketing boss Christian Klingler said that the first-quarter developments were “excellent.” He said that emerging markets such as China, India or Russia continued to perform strongly.

He also said that deliveries of its innovative and young model range remained high in the mature markets in western Europe and North America.

Sales in the first three months of the year were strongest in China, with VW Group posting deliveries of 548,500 cars, higher by 19.9% increase over last year. In India, VW Group’s sales surged.

Its deliveries rose to 28,100 units in the first quarter, a 256.7% increase. VW's central and eastern European sales increased by 30.7% to 109,200 units, while in western Europe (excluding Germany), sales went up by 6.6% to 532,000 deliveries.

In Germany, the group increased sales by 5% to 267,300 cars. Deliveries in North America increased to 143,900 vehicles, about 17.9% higher than in 2010.

Topics: volkswagen, china

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