"The Volkswagen Group continues to go from strength to strength, delivering 2.89 (january-april 2011:2.66)* million vehicles to customers from January to April, representing an increase of 8.6 percent. Europe's largest automaker therefore once again outperformed the overall market which grew by some six percent. The Group also reported a rise in deliveries for the month of April, handing over 732,000 (april 2011:690)(april 2011:800)(april 2011:+6.0 percent)* new vehicles to customers. "The Group's worldwide deliveries continue to develop in the right direction. We are benefiting from our convincing model range and are looking to keep up the momentum over the coming months as well," Group Board Member for Sales Christian Klingler said in Wolfsburg on Friday. "We expect the markets in Western Europe to deteriorate further. Our current projection has been adjusted downward and we are therefore keeping an even closer eye on market developments."
The Group brands delivered a total of 1.25 (1.23; +2.3 percent) million vehicles on the overall European market from January to April, of which 661,400 (703,000; -5.9 percent) units were delivered in Western Europe (excluding Germany) where conditions remained difficult. In contrast, Europe's largest automaker grew deliveries in its home market of Germany by 5.6 percent to 387,500 (367,000) units. The company once again reported vigorous growth in the Central and Eastern Europe region, handing over 205,100 (155,300; +32.0 percent) vehicles to customer there." [Read more]
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