Market Overview

Volkswagen February Global Sales Surge 15% y/y

Volkswagen AG (OTC: VLKAY) reported a 15% y/y rise in its global sales in February.

Volkswagen sold 642,300 vehicles in the month. In the first two months of the year, Volkswagen delivered 1.29 million vehicles, a rise of 7.7% y/y.

Volkswagen sales in Germany climbed 3.2% y/y to 162,300 vehicles in the January to February period. However, its sales in Europe rose 1.3% to 532,700 units.

In the first two months of the year, Volkswagen sales in the North America surged 26% to 110,100 units.

Volkswagen shares closed at $34.10 yesterday.

Posted-In: Vehicle SalesNews

 

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