Volkswagen deliveries top 10 million for first time

Volkswagen AG delivered more than 10 million vehicles for the first time in 2014, reaching the annual-sales milestone four years earlier than originally targeted on the back of strong growth in China.

Deliveries, including Porsche and Audi cars and MAN and Scania heavy trucks, rose 4.2 percent to 10.14 million vehicles last year, the Wolfsburg, Germany-based manufacturer said on Monday in a statement.

Beyond expanding sales VW is "making good progress" on improving profitability and customer satisfaction, Chief Executive Officer Martin Winterkorn said in the statement.