Volkswagen sales up 13.7% in June

Volkswagen sales up 13.7% in June

July 11th, 2012 by Associated Press in Business Around the Region

The VW logo is seen on the front of one of dozens of new Passats made at the Chattanooga Volkswagen assembly plant parked outside the plant. These cars will be used as demos for testing, internal quality control and press test drives.

The VW logo is seen on the front...

BERLIN - Europe's largest automaker Volkswagen AG is reporting a 13.7 percent increase in June passenger vehicle sales, with booming results outside western Europe where the debt crisis slowed spending.

The Wolfsburg-based company said Tuesday that June sales rose to 498,600 cars from 438,400 in June 2011.

Half year sales were up 10.2 percent to 2.79 million vehicles delivered.

In the first six months, sales were up in North America by 24.2 percent to 295,300, 15 percent in the Asia-Pacific region to 1.09 million vehicles, and 45.2 percent in eastern Europe to 134,000.

Western European sales, excluding Germany, for the half year slipped 4.7 percent to 464,300 vehicles, while German sales rose only 2.6 percent to 309,700.

Volkswagen is warning of "considerable uncertainty" in Europe ahead in the second half.