VW's 10-months sales top 5 million
Despite a few setbacks, VW is on pace for a record year.
For the first time in the company's history, Volkswagen delivered more than 5 million vehicle worldwide in the January-October time period.
VW announced on Wednesday that it delivered 5.08 million vehicles during the first 10 months of 2014, representing a 2.6 percent increase over the 4.95 million vehicle the company delivered during the same period last year.
VW's overall European sales were up 2.7 percent to 1.4 million cars, trucks and SUVs. In VW's home market of Germany, new car sales were up 4.2 percent to 483,500 units during the period.
However, the results weren't all positive as sales in Eastern Europe slid 9 percent to 200,500 units. VW's Russian sales were down 20.6 percent to 103,100 units.
In the United States, VW delivered just 301,200 vehicles during the 10 month period, down 12.2 percent from the year prior. South American deliveries tanked by 18.5 percent to 547,700 units.
The Asia-Pacific region was once again a bright spot for VW, with sales increasing by 12.4 percent to 2.47 million unit during the period. The vast majority of those sales, 2.3 million, were to customers in China and Hong Kong.
VW says it is on track to sell a company record 6 million vehicle during the 2014 calendar year.
Photo by Ronan Glon.