BRIEFS: Record sales for VW
Published:Sunday | July 17, 2011 | 12:00 AM
BERLIN (AP):
Germany's Volkswagen AG, Europe's largest automaker, said last Friday it set a new first-half group sales record, as strong growth in the Asia-Pacific region boosted deliveries.
The news sent shares up 1.23 per cent to €148.60 (US$211.04) in morning trading to lead Frankfurt's DAX.
The Wolfsburg-based company said it sold 4.09 million vehicles in the first six months of 2011, up 14.1 per cent over the same period last year.
Asia-Pacific saw a 19.5 per cent increase to 1.26 million vehicles, primarily in China, where sales increased 16.4 per cent to 1.1 million. India saw the highest growth percentage, with sales up 217.2 per cent to 55,100.
North American sales were up 21.2 per cent to 319,100, while South American sales were up 10.9 per cent to 455,200.