Wolfsburg, Germany (AHN) – Volkswagen AG announced it had record sales of 5.1 million cars and sport-utility vehicles worldwide in 2011.
Sales were up worldwide by 13.1 percent in 2011 from 2010, company officials said.
Volkswagen is Europe’s largest carmaker.
Although much of its growth came from gains in China, India, Russia and the United States, its two largest markets were Europe and China. The Wolfsburg, Germany-based automaker sold 1.72 million vehicles in each of those markets.
However, company officials said they expected challenges in the market environment for 2012.
VW officials credited new versions of some models, such as the Passat, Jetta and Beetle for helping to boost sales in “difficult market conditions.”
The only region that didn’t record strong growth was South America, where sales increased by only 2.2 percent.
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January 6th, 2012
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