Bloomberg News

Volkswagen Says VW Brand Sales Hit Record, Sees Challenging 2012

January 06, 2012

Jan. 6 (Bloomberg) -- Volkswagen AG said sales of its namesake brand rose 13 percent to a record 5.1 million cars and sport-utility vehicles in 2011.

The growth was fueled by gains in China, the U.S., Russia and India, the Wolfsburg, Germany-based company said today in a statement. The market environment will remain “challenging” in 2012, sales chief Christian Klingler said in the statement.

To contact the editor responsible for this story: Chris Reiter at creiter2@bloomberg.net


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