Volkswagen, Europe’s largest car manufacturer, has set a new record by selling more than 4 million vehicles during the first half of the year.
Deliveries increased by 14% on the same period in 2010 and were led by strong growth in Asian markets, mostly in China the region’s largest market, where sales grew 19% to 1.26m. Meanwhile European sales grew 9.3% overall, thanks to continued high growth in central and eastern Europe.
Sales in North America rose 21% to 319,000 vehicles and by 11% to 455,000 in South America.
Volkswagen’s global sales boss Christian Klinger predicted that VW would continue to do better than other car manufacturers but cautioned: “Success in the second six months won’t be automatic. Plenty of hard work lies ahead to keep our deliveries during the second half of the year at a high level.”
Source: BBC Business News