VW sales rise to record in 2012

City A.M. Reporter
GERMANY’S Volkswagen said yesterday that group sales rose 11.2 per cent last year to a record 9.07m vehicles, powered by demand from China and the US.

Global sales by the German group in December surged 20.7 per cent to 784,300 cars, the firm said in a statement in Detroit ahead of the North American auto show.

But deliveries in core western European markets excluding Germany fell 6.5 per cent to 1.85m as the Eurozone debt crisis sapped demand.