Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Volkswagen March Passenger Cars Brand Deliveries Up 14.6% - Quick Facts

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.

Click here to receive FREE breaking news email alerts for VOLKSWAGEN AG and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Consumers spent less in July than in the previous month, a surprise retreat that complicates the prevailing belief that the U.S. economic situation is improving. Along with the unexpected drop in spending, government figures released on Friday showed that incomes rose at a slower pace in July than in the previous month. Meanwhile, data on prices indicated that inflation pressures remain tame. India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5.5 percent expansion. The economy grew 4.6 percent in the previous three months. Eurozone inflation slowed as expected in August on falling energy prices giving room for the central bank to support demand and economic recovery without stoking inflation and help the region to create more jobs. The unemployment rate remained unchanged at an elevated level in July. Nonetheless, it was at the lowest since September 2012.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.