Volkswagen Group Global Deliveries Rose 4.3% in 2017
Volkswagen AG (VOW.XE) said Wednesday that 2017 global deliveries rose 4.3%, boosted by strong performance for all its brands.
The German car maker said the group's deliveries--which are a reflection of sales--rose to 10.7 million vehicles for the period and increased 8.5% in December to 1 million vehicles.
In China, the car maker's largest single market, sales increased 5.1% in 2017 and 18% in December.
Sales over the full year increased 13% in Central and Eastern Europe, fueled by a recovery of the Russian market, Volkswagen said. The Brazilian market also recovered, positively impacting deliveries in South America where sales rose 24% in 2017, according to Volkswagen.
Write to Max Bernhard at Max.Bernhard@dowjones.com; @mxbernhard
(END) Dow Jones Newswires
January 17, 2018 02:42 ET (07:42 GMT)