Volkswagen Reports 17.7% Surge In 2011 China Sales
Sales at Volkswagen AG (OTC: VLKAY) and its China joint ventures surged 17.7% to 2.26 million vehicles in China in 2011.
Sales of Volkswagen-brand cars climbed 13.8% to 1.72 million vehicles in China including Hong Kong. However, sales of Audi cars jumped 37% to 313,000 vehicles.
Volkswagen shares gained 0.95% to $29.84 in after-hours trading.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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