Volkswagen: global sales jump in March

(CercleFinance.com) - On Friday Volkswagen reported a 53% increase in sales volumes in March, helped by a jump in registrations in all its major markets.


The German car giant said that it delivered 955,500 vehicles last month, up from 623,000 the previous year, a figure that reflected the effects of the coronavirus pandemic.

The Volkswagen brand in particular did well, posting a 56% increase in sales last month, while Audi (+64%) and Porsche (+51%) were also dynamic.
In China, now the group's largest market, sales rose by 64%, while in North America they soared by almost 82%.

In Europe, group sales rose by over 43%.

Over the first three months of the year, Volkswagen Group reported a 21% increase in sales to 2,431,900 vehicles.

The VW share is currently up over 2% on the Frankfurt Stock Exchange.


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