Volkswagen 1Q Sales Rose With Help From Electric Vehicles, Traton
21 April 2023 - 11:36AM
Dow Jones News
By David Sachs
Volkswagen AG said Friday that first-quarter deliveries rose,
driven in part by fully electric vehicle sales and growth at Traton
SE.
The German car company's deliveries increased 7.5% over the
prior year period to 2.04 million vehicles, it said.
Sales of fully electric vehicles, or BEVs, grew 42% to 141,000,
helped by easing supply-chain problems, Volkswagen said. Most of
those BEVs were sold in Europe, which saw a 68% jump over the
previous-year period.
The company had higher sales in every region except China, where
sales fell 14.5% compared with last year's first quarter, and
Central and Eastern Europe, where sales fell 5.8%, it said.
Traton, the truck and bus producer under Volkswagen's umbrella,
was responsible for the fastest growth with a 25% increase in
deliveries to 84,600, Volkswagen said.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
April 21, 2023 05:21 ET (09:21 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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