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Volkswagen Group rises 8% in April

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Volkswagen Group rises 8% in April

While not all foreign markets fared well, strong demand accounted by the Group’s brands in the core European region and in the world’ largest auto market triggered a sales growth last month of 8%.

Strong sales in Europe and rising demand in China thoroughly offset the declines registered in the North and South American region, allowing the VW Group to deliver last month 848,500 units worldwide.

“The Volkswagen Group and its brands made a pleasing start to the second quarter”, said Christian Klingler, VW’s sales chief. “Nevertheless, global market conditions are presenting a mixed picture. While there is a downward trend on the markets in South America or in Russia, we are seeing growth in Europe and above all in the Asia-Pacific region, where we continue to outperform the overall market.”

With the core Volkswagen, Seat, Skoda, Porsche and Audi brands all managing to increase their global presence, the Group’s deliveries for the first four months of the year reached a new tally – 3.25 million vehicles, up 6% from the same period of last year.

Volkswagen pointed out that the situation continues to deteriorate in many South American markets (minus 21% overall) – traditionally a strong region for the Group, as well as Russia (4% decline), but excellent performance in the broader European region (up 8%) and continued growth in Asia-Pacific (up 16%) balanced out the losses.

Via Automotive News Europe

by Aurel Niculescu (my Google+) - Monday, May 19th, 2014 - filed under Audi, Industry, News, Porsche, Sales Reports, Seat, Skoda, Volkswagen. Image credit: .
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