Volkswagen July Vehicle Sales Rise 10%

Volkswagen AG

reported a 10% y/y rise in its vehicle sales in July. Volkswagen delivered 734,600 cars to worldwide customers in the month. In the January to July period, group's deliveries climbed 9.1% y/y to 5.19 million cars. In the January to July period, Volkswagen's deliveries jumped 21.9% in North America, 1.6% in Europe, and 17.3% in the Asia-Pacific region. Volkswagen shares closed at $33.38 yesterday.