VWs are flying off dealer lots all over the world.

Helped by a record-setting March, Volkswagen has posted its best-ever first quarter of sales.

VW sold 1.36 million vehicles during the first three months of 2012, representing a 10.5 percent increase over the 1.23 million vehicles the company sold during Q1 of 2011. VW sold 536,600 of those vehicles in March, which now stands as the automaker's best sales month ever.

"Deliveries by the Volkswagen Passenger Cars brand increased yet further in March on the back of an already high level," said VW Board Member Christian Klingler. "While the situation on the markets in Europe remains difficult, we reported significant growth in North America and Asia."

Despite those difficulties in Europe, VW still managed to grow its sales on the continent by 5.1 percent to 441,800 units during the first quarter. However, Western Europe did drag down things a bit, with sales slipping in the region by 3.7 percent to 232,600 vehicles.

China was easily VW's largest single market during the period with a total of 483,400 vehicles sold. The North American market also proved positive for VW during the first quarter, with sales growing 27.6 percent to 135,700 units. In the U.S. specifically, sales were up 40.8 percent to 94,400 units.