Volkswagen’s Global Sales Rise, Thanks to China, Brazil and New Models
April 14, 2008
Volkswagen AG reported its global sales rose and March as well as the first quarter on the
strength of China and Brazil and new models.
Volkswagen CEO Martin Winterkorn said in a statement that the German automaker's sales got a lift from the introduction of its VW Tiguan compact SUV and new-generation, best-selling Audi A4. Winterkorn said the automaker also is focusing on growth markets like China and Brazil to offset the slumping markets of the U.S. and Western Europe.
In March, the Volkswagen group sold 619,893 vehicles, up 2 percent from a year ago. First-quarter sales rose 7 percent to 1.57 million vehicles. In China, VW sales rose 32 percent to 268,204 vehicles. Brazil sales climbed 23 percent to 147,752 vehicles.
Volkswagen predicts record sales this year. The German automaker surpassed 6 million vehicles for the first time in 2006.
Posted by Michelle Krebs at 6:10 AM under Business , Companies | Comments (0) | digg this | Seed Newsvine


Leave a comment