Volkswagen (VOW.BE,VLKAF.PK,VKW.L) said its March Passenger Cars brand delivered 536,600 vehicles, a 14.6% increase from 468,100 vehicles in the earlier year period. For the first quarter, the Volkswagen Passenger Cars brand reported a 10.5% growth in its vehicle deliveries to 1.36 million vehicles from last year's 1.23 million vehicles.
According to the company, "Deliveries by the Volkswagen Passenger Cars brand increased yet further in March on the back of an already high level. While the situation on the markets in Europe remains difficult, we reported significant growth in North America and Asia."
Despite the present Southern Europe markets situation, the Volkswagen Passenger Cars brand grew deliveries on the overall European market in the first quarter to 441,800 units. In the Asia / Pacific region, the brand posted a 13.7 percent rise in deliveries for the period to March, handing over 540,600 units to customers.
by RTT Staff Writer
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