VW Brand Sales Rise 4%

Volkswagen AG’s VW brand reports sales of 512,700 vehicles in June compared with 492,800 units in the same month last year.

The 4% gain was driven by stronger sales in Asia Pacific (+5% to 236,700 units), North America (+10% to 45,500) and South America (+22% to 28,600). Deliveries in Europe were flat, as a 5% drop in Germany was offset by increases in Russia and central and eastern Europe.

VW brand sales worldwide totaled 2.94 million units through the first six months of the year, an increase of only 10,000 units compared with January-June 2016. But board member Juergen Stackmann, who heads sales, says new models due later this year offer “further grounds for optimism” about growth in the second half.