Volkswagen delivered 1.99 million vehicles in the first quarter and 27% of sales came from China

On April 28th, the reporter learned from the Volkswagen Group that in the first quarter of this year, the Volkswagen Group delivered a total of 1.99 million automobiles, an increase of 14.0% year-on-year, including 548,400 vehicles sold in the Chinese market, which accounted for 27.5% of its total sales.

According to the quarterly earnings report of Volkswagen Group, Volkswagen’s first-quarter revenue and after-tax net profit were 37.5 billion euros and 1.7 billion euros respectively, and its operating profit was 2.9 billion euros. It is worth noting that in the Chinese market, Volkswagen increased by 19.9% ​​year-on-year in the first quarter. Volkswagen China and Shanghai Volkswagen and FAW-Volkswagen jointly sold 546,400 vehicles in mainland China, Hong Kong, and Macau. Dr. Ni Kaiming, president and CEO of Volkswagen Group (China), stated that the restriction policy in the Chinese market will not have a great impact on the public's favorable position in the Chinese market.

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