The Volkswagen Group increased its profitability in the first nine months of 2010 and further expanded its position in the international automotive markets. The number of vehicles delivered rose by 12.9 % to 5.4 million (January - September 2009: 4.8 million), a new delivery record for the Group. Volkswagen’s global market share climbed to 11.6 %. Sales revenue was up by 19.9 percent to €92.5 billion as compared to €77.2 billion last year. Profit after tax totaled €4.0 billion.
"We continued our extremely successful business growth in the first three quarters and are therefore well-positioned to achieve the goals laid down in our Strategy 2018", said Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, on Wednesday at the release of the interim report. CFO Hans Dieter Pötsch added: "Increased demand for our Group models and our disciplined cost management led to these strong results, which have strengthened our sound financial base."
