Volkswagen-Brand H1 Car Sales Surge 10%

Volkswagen AG VLKAY reported a 10% rise in its brand car sales in the first six months of the year. Its global car sales climbed to 2.79 million, from 2.53 million, in the year-ago period. The number of vehicles delivered surged by 14% y/y to 498,600 in June. Volkswagen shares closed at $30.81 yesterday.