November 21, 2015 / 5:08 PM / in 2 years

Volkswagen denies German report of sales slump on CO2 confession

FRANKFURT (Reuters) - Volkswagen VOWG_p.DE denied a report on Saturday that its sales have slumped since this month’s admission that it had understated the level of carbon dioxide emissions for some cars.

A truck, loaded with Volkswagen cars, leaves the truck gate "Fallersleben" at the Volkswagen headquarters in Wolfsburg, November 9, 2015. REUTERS/Fabian Bimmer

German daily Frankfurter Allgemeine Zeitung (FAZ) had reported earlier on Saturday that Volkswagen’s sales were declining significantly, citing an unnamed dealer as saying business was “dead as a doornail”.

“We cannot confirm the statement quoted in FAZ,” a spokesman for Volkswagen told Reuters in an e-mailed statement.

“The feedback we are receiving from discussions with representatives of various dealerships across the country, as well as the numbers we have, paint a different picture of the situation in Germany,” he added.

VW said on Nov. 3 it had understated the level of CO2 emissions from about 800,000 cars sold mainly in Europe, and consequently their fuel usage.

That revelation deepened a crisis at Europe’s biggest carmaker which initially centered on software on up to 11 million diesel vehicles worldwide that VW admitted vastly understated their actual emissions of smog-causing pollutant nitrogen oxide.

Sales of Volkswagen-branded cars fell 5.3 percent in October, the first full month after the scandal erupted, a slightly steeper decline than September’s 4 percent drop.

Reporting by Andreas Cremer; Writing by Maria Sheahan; Editing by Ruth Pitchford

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