Volkswagen’s March global sales go up 12.5% to 862,700 units

Article by Christian Andrei, on April 13, 2012

Volkswagen Group posted a 12.5% increase in global car sales last month to 862,700 units, thanks to the strong growth in China and North America. On the other hand, the company said that the uncertainty in Europe remains to be a matter for concern. The company is the largest automaker in the European region.

Christian Klingler, the company's head of sales, disclosed that they produced another "strong performance" in China, Russia and North America. He also noted that on the western European markets, uncertainty continues. In the first quarter, the company's car sales increased 9.6% to a record 2.16 million units. Sales in China (the company's single biggest market) increased by 15.6% to 633,900 units during the quarter.

Meanwhile, demand remained weak in Western Europe as economic uncertainty has affected consumer confidence. Sales declined by 4.7% to 507,100 units. In Eastern and Central Europe, sales increased during the first three months by 35.1% to 147,400 units.

In VW's largest single market in Europe -- Germany -- volume rose 5.7% to 282,400 units. In the United States, demand remained strong leading to a 34% increase in sales to 124,400 units during the quarter.

The core brand of VW stayed on the top when it comes to volume sales, increasing deliveries by 10.5% to 1.36 million units in the quarter. Premium brand Audi increased sales 10.8% to 346,100 units. Skoda sales rose 11.8% to 242,700 units.

Spanish unit Seat was the company's only brand with declining volume with sales dropping 11.6% to 80,100 units. The brand continued to be adversely affected with the dwindling markets in Western Europe.

The growth of VW in the first quarter puts the carmaker in a strong spot to achieve its goal of outperforming Toyota and General Motors to be the No. 1 international automaker by unit sales by the end of the decade.

Topics: vw, sales

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