Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Volkswagen Of America June Sales Up 34.2% - Quick Facts

7/3/2012 10:05 AM ET

Volkswagen of America Inc., a subsidiary of Volkswagen AG (VOW.BE,VLKAF.PK,VKW.L), said it has sold 38,170 units in June, a 34.2 percent rise over last year, and a 35.4 percent growth year-to-date.

The Volkswagen Passat sales totaled 10,252 units, marking four months of sales more than 10,000 units. Jetta sedan, including the enthusiast GLI model, remains the volume leader for Volkswagen with sales totaling 11,598, while Jetta SportWagen totaled 2,006, the company added.

President and CEO, Volkswagen Group of America Inc. stated, "Selling over 38,000 vehicles in the first half of the year is a significant accomplishment for Volkswagen and a strong sign that our broad range of high-quality vehicles are continuing to gain acceptance by pundits and consumers."

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
There was a mixed performance on Wall Street on Friday. Shares suffered an early decline, as investors continued to express worries about the Federal Reserve. A recovery through the rest of the day allowed the Dow to edge into positive territory by the close. The Nasdaq and S&P 500 posted fractional losses. Stocks have shown a notable move to the downside in early trading on Friday amid lingering concerns about the outlook for the Federal Reserve's asset purchase program. The major averages have slid firmly into negative territory, adding to the modest losses posted in the previous session. The major averages are currently posting notable losses, near their lows for the young session. After reporting a sharp drop in new orders for manufactured durable goods in the previous month, the Commerce Department released a report on Friday showing that durable goods orders rebounded by more than anticipated in the month of April. The report said durable goods orders surged up by 3.3 percent in April after tumbling by a revised 5.9 percent in March.
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.