After the decline: VW shares still falling: Volkswagen Group records sales increase in August |  information

After the decline: VW shares still falling: Volkswagen Group records sales increase in August | information


As the company announced, global sales increased by 12.7 percent to 700,100 vehicles, thanks in part to the China business. In the first eight months, however, there was still a significant decrease of 16.2 percent to 5.3 million units.

Volkswagen recorded the biggest increase in August in its most important market, China, with an increase of almost a quarter to 297,300 vehicles. In Western Europe, on the other hand, the increase was weak at 7.8 percent to 191,500. In North America the increase was 15.2 percent to 76,700 vehicles.

Volkswagen’s main brand Passenger Cars showed a higher average growth of 17.5 percent worldwide. AUDI’s premium subsidiary saw an 11.4 percent increase. Sports car maker Porsche, which is about to go public, sold cars up 26.7 percent. Truck subsidiary TRATON grew by the same amount of 27.6 percent.

In a weak overall market, VW shares temporarily fell 2.38 percent to 145.74 euros in XETRA trading on Friday.

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