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Volkswagen Passenger-Car Sales Rise 9.3% In May

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Volkswagen AG (OTC: VLKAY) reported a 9.4% rise in brand passenger car sales in January-May.

Volkswagen sold 2.29 million vehicles in the same period worldwide. Its sales in China surged 15% to 819,300 units. However, deliveries in the US climbed 35.7% to 170,600 vehicles in the same period.

Car sales in Germany gained 2.9% to 255,900 units. Volkswagen brand sales in May rose 9.3% to 476,900 units.

Volkswagen shares closed at $29.39 yesterday.

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