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HomeInvestmentVolkswagen's April deliveries jump 39% thanks to China boost By Reuters

Volkswagen’s April deliveries jump 39% thanks to China boost By Reuters


© Reuters. FILE PHOTO: Volkswagen ID.7 vehicle is pictured during the 63rd Annual General Meeting of Volkswagen AG in Berlin, Germany May 10, 2023. REUTERS/Annegret Hilse

(Reuters) – Volkswagen (ETR:)’s said on Friday its group deliveries jumped 39% year-on-year in April, bringing the total number of vehicles shipped worldwide that month to 720,200.

The result was particularly boosted by a 79% surge in China, where the leading German automotive group delivered 255,700 cars.

In Western Europe, it had sent a total of 254,700 cars to customers, representing 28.7% annual growth.

For January-April, VW’s deliveries grew 14% compared with the same period the year before, with 2.76 million shipments worldwide.



This story originally appeared on Investing

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