Volkswagen AG's main brand, VW, recorded worldwide deliveries of 1.23 million vehicles, an increase of 10.4 percent, for the first quarter of 2011, the company reported on Wednesday.
For the month of March, sales have reached at least 468,000 cars, a year-on-year increase of 4.9 percent. According to VW board member for sales and marketing Christian Klingler, the gains from the brand were specifically strong on emerging markets.
In the first quarter of 2011, the company’s sales on VW reached 429,500 vehicles, an 18.5 percent rise versus the previous year. The company’s sales in China represent its strongest first-quarter record. In India, deliveries rose more than ten times, reaching 18,200 vehicles in the first quarter of this year.
The company also saw an increase in sales in its Russian market for the first three months: an increase of 96.5 percent over the same period in 2010, totaling 16,800 cars.
On the other hand, the company saw a small rise in brand sales in Europe of 2.9 percent, reaching 420,400 deliveries.
VW is aiming to outperform Toyota Motor Corp. and be the best-selling automaker in the world by 2018. In 2010, the company 7.14 million units, ranking third to General Motors Co. and Toyota, which sold 8.39 million and 8.42 million, respectively.