Volkswagen AG on Friday reported higher sales for August and the year to date, citing growth in China, the United States and India.
August sales rose 11.2 percent to 545,500 units, reported the German automaker that is building an auto assembly plant in Chattanooga.
For the year, sales are up 13.4 percent, according to VW. But, Christian Klingler, group board member for sales, said growth in the world markets has slowed in recent months.
"The global economy and international automobile markets still present risks, so we remain cautious," he said.