VW group sales almost flat in August as Europe shrinks

Fri Sep 13, 2013 4:32am EDT
 
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BERLIN (Reuters) - Sales of Germany's Volkswagen (VOWG_p.DE: Quote) group were almost flat in August as Europe's largest automaker conceded "difficult conditions" in shrinking core markets.

Deliveries edged up 0.1 percent last month to 720,400 cars, while eight-month sales were up 4.5 percent to 6.17 million, the Wolfsburg-based manufacturer said on Friday.

The 0.1 percent gain is the weakest sales month so far this year for the German giant which also includes luxury division Audi (NSUG.DE: Quote) and sports-car maker Porsche.

Group deliveries in Europe fell 3.3 percent in the first eight months to 2.39 million autos, VW said.

(Reporting by Andreas Cremer; Editing by Christoph Steitz)

 
A Volkswagen logo is seen on the front of a Volkswagen vehicle at a dealership in Carlsbad, California, April 29, 2013. REUTERS/Mike Blake