Latest Automotive News

Subscribe in a reader





Volkswagen says sales rose 7.6 per cent through May

Email   small font medium font large font

Google
 
Web AutoNews24h.com

FRANKFURT, Germany (AP) _ Volkswagen AG, Europe's biggest automaker by sales, said Thursday that its new car sales rose 7.6 per cent in the first five months of the year to 2.5 million amid rising demand in Europe and Asia.

The Wolfsburg-based company said sales of its VW-branded cars rose 7.1 per cent to 1.5 million in the January-May period versus a year ago, while commercial vehicle sales rose nine per cent to 191,000.

The company's Skoda brand reported a 14 per cent increase in sales to 255,000, while sales of its luxury Audi AG unit rose 9.6 per cent with 420,000 models sold.

But sales by its Spanish unit, Seat, fell 1.6 per cent to 180,000 from the first five months of 2006.

Sales growth was strong in Europe, where sales rose 2.9 per cent to 1.58 million vehicles, and in Asia, where sales rose 20 per cent to 414,000 cars.

Sales in South America and South Africa also showed gains, with deliveries up 24 per cent, while in North America, the VW and Audi brands saw a 1.8 per cent increase with 215,000 cars sold.

Shares of Volkswagen slipped 1.7 per cent to 113.25 euros ($152.05) Thursday in Frankfurt.

___

On the Net:

http://www.volkswagenag.com

Receive the latest automotive news by email!

Enter your email address:


Related news
FRANKFURT, Germany (AP) _ Volkswagen sold more than three million cars during the first half of the year, the German automaker said Thursday, a 7.8 per cent jump from last year fueled ...
FRANKFURT, Germany (AP) _ Car maker Audi AG, the luxury arm of Volkswagen, said Tuesday that global sales of its vehicles rose nine per cent in May and 11.5 per cent for ...
Volkswagen AG has reported record global sales for 2007, with all eight of its brands selling nearly six million vehicles. The increase, announced Sunday at the North American International Auto Show in Detroit, was ...
FRANKFURT, Germany (AP) _ Luxury automakers BMW, Audi and Mercedes reported healthy sales increases for August on Friday, with demand from Asia and the U.S. driving gains amid mixed results in their home ...
FRANKFURT, Germany (AP) _ Volkswagen AG said Wednesday its flagship VW brand swung to an operating profit in the first quarter and earnings from its premium Audi brand rose 16 ...
FRANKFURT, Germany (AP) _ DaimlerChrysler AG said Wednesday that Chrysler Group sales outside North America rose 24 per cent in May to 20,553 vehicles. Year-to-date sales were 91,412 vehicles, up 16 per cent ...
Audi AG, the luxury car maker owned by Volkswagen AG, said Tuesday that its sales in China rose 25 per cent in 2007 compared with a year earlier. The Ingolstadt-based company said it ...
French carmaker Renault SA said Friday that vehicle sales rose 2.2 per cent last year and predicted growth of at least 10 per cent in 2008 as the company's turnaround strategy gathers ...
BMW sales rose by 9.2 per cent last year, with buyers snapping up its luxury sedans and the speedy Mini, the carmaker said Wednesday. The Munich-based company _ whose brands include BMW, Mini ...
Chrysler LLC on Monday reported record sales outside North America in 2007, rising 15 per cent over 2006 figures, even as its sales worldwide slipped. The private company said it had its best ...

Best Investment Newsletter

- 46% in 2008

- invest in the best performing US stocks only and sell them when the uptrend is over

- very easy to follow, simple buy/sell signals

- no need to have investing or trading experience

Find More Now!


Volkswagen says sales rose 7.6 per cent through May
> © 2006-2017 AutoNews24h.com except where otherwise noted