Volkswagen AG reports record global sales for 2007 News AutoNews24h.com

Volkswagen AG reports record global sales for 2007

Auto News : Auto Industry : Volkswagen : Volkswagen AG reports record global sales for 2007

Volkswagen AG has reported record global sales for 2007, with all eight of its brands selling nearly six million vehicles.

The increase, announced Sunday at the North American International Auto Show in Detroit, was led by strong sales in South America and Asia and offset declines in Germany and North America.

The company said sales for the Volkswagen, Audi, Skoda, Seat, Bentley, Lamborghini, Bugatti and VW commercial brands rose 7.9 per cent over 2006 figures.

But sales in Germany were down 4.8 per cent, and they dropped 0.5 per cent in North America.

South American sales jumped nearly 30 per cent, and the Asia Pacific unit reported a 24.1-per -cent increase.

Chairman Martin Winterkorn said like all automakers, the company faced difficult economic times in Germany, with sales of the VW brand off 9.1 per cent there.

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