VW brand sales rise despite 'ongoing uncertainty' in markets

Tue Nov 12, 2013 6:52am EST
 
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BERLIN (Reuters) - German automaker Volkswagen (VOWG_p.DE: Quote) said sales of its core passenger-car brand rose 2 percent in October "despite ongoing economic uncertainty."

Deliveries at VW's namesake brand increased to 511,400 cars and sport-utility vehicles from 501,400 a year earlier, the Wolfsburg-based company said on Tuesday.

Ten-month sales were up 3.4 percent at 4.88 million, with double-digit growth in China, VW's largest market, outweighing a 5.3-percent drop in Europe.

Group sales including luxury division Audi and sports-car maker Porsche are expected to be released later this week.

(Reporting by Andreas Cremer; Editing by Jonathan Gould)

 
The logo of German carmaker Volkswagen is seen at a VW dealership in Hamburg, October 28, 2013. Volkswagen is due to present company results on Wednesday. REUTERS/Fabian Bimmer