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POAHY Porsche Automobile Holding SE (PK)

4.70
0.01 (0.21%)
15 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Porsche Automobile Holding SE (PK) USOTC:POAHY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.01 0.21% 4.70 4.65 4.75 4.71 4.67 4.69 418,270 21:20:00

Volkswagen Expects Car Sales To Reach Record High In March

28/03/2011 3:53pm

Dow Jones News


Porsche Automobile (PK) (USOTC:POAHY)
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German auto maker Volkswagen AG (VOW.XE) expects car sales to hit record levels in March, sales chief Christian Klingler said on the sidelines of a press conference Monday, a spokesman confirmed.

Klingler didn't give any further details.

The company's car sales rose by more than 16% on the year in the first two months to around 1.2 million vehicles, outpacing the overall market's growth.

In 2010, the company posted record sales of about 7.2 million vehicles, driven by rising demand in China, Brazil and the U.S. This year sales are expected to increase at least 5%.

-By Nico Schmidt, Dow Jones Newswires; +49 69 29 725 500; nico.schmidt@dowjones.com

 
 

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