Volkswagen Increases Q1 Sales Despite Weaker China Business

Volkswagen Increases Q1 Sales Despite Weaker China Business
A Volkswagen logo during the New York International Auto Show in Manhattan, New York, on April 5, 2023. Andrew Kelly/Reuters
Reuters
Updated:

BERLIN—Volkswagen significantly increased deliveries in the first quarter despite weaker business in China, its most important single market, the German carmaker said on Friday.

The group delivered 2.04 million vehicles to customers worldwide, up 7.5 percent compared with the same quarter last year, while in China, sales fell 14.5 percent to 644,500 vehicles.