April 9, 2018 / 10:38 AM / a year ago

Volkswagen brand March, first sales hit record on China, U.S. demand

FILE PHOTO - The Volkswagen logo is seen on a vehicle at the New York Auto Show in the Manhattan borough of New York City, New York, U.S., March 29, 2018. REUTERS/Shannon Stapleton

BERLIN (Reuters) - Volkswagen’s (VOWG_p.DE) core brand increased sales to a record 584,700 vehicles in March, expanding the first-quarter tally to 1.53 million cars, the highest-ever level for the January-to-March period.

VW brand vehicle sales rose 4.9 percent last month compared with March 2017, powered by gains in all major markets including China and the United States except Germany where deliveries eased 0.8 percent, it said on Monday.

Quarterly deliveries at VW’s biggest division by sales and revenue were up 5.9 percent, helped by a double-digit gain in the U.S. and an 8.6 percent expansion in China, the carmaker’s largest market.

Reporting by Andreas Cremer; Editing by Douglas Busvine

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