{"id":8290,"date":"2021-05-07T12:50:00","date_gmt":"2021-05-07T09:50:00","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=8290"},"modified":"2023-06-29T13:24:19","modified_gmt":"2023-06-29T10:24:19","slug":"how-did-volkswagen-shares-react-to-quarterly-report","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/05\/07\/how-did-volkswagen-shares-react-to-quarterly-report\/","title":{"rendered":"How Did Volkswagen Shares React to Quarterly Report?"},"content":{"rendered":"\n

It’s now the turn of the German auto concern Volkswagen AG to boast its results of Q1, 2021. How are car sales going in Europe and Asia? Has the level of electric car sales increased? How did the shares behave after the report? I’m sure you’re eager to know the answers. Let’s get down to business, then.<\/p>\n\n\n\n

<\/span>Volkswagen report for Q1, 2021<\/span><\/h2>\n\n\n\n

On May 6th, the German car giant reported its financial results for January-March, 2021. During these months, the company sold 2.4 million cars. Compared to the results of the same period last year, the increase amounts to 21%.<\/p>\n\n\n\n

Note also an increase in electric car sales: during the first three months of 2021, VW sold 133,000 electric vehicles. This is 100% more than last year<\/p>\n\n\n\n

Moreover, sales of German cars in the Chinese market are, indeed, impressive. Compared to Q1, 2020, they leaped up by 61.4%. Analysts explain this noticeable difference by the tough restrictions and severe quarantine due to COVID-19 last year.<\/p>\n\n\n\n

Important details of the report:<\/strong><\/p>\n\n\n\n