VW Brand Sales Down in July

The Volkswagen Group announced that global July sales for VW branded vehicles were down half a percent from last year, to 466,100. July joins March 2013 as the second monthly decline this year.   Christian Klinger, head of VW sales used words like "uncertain" and "challenging" to describe the near term situation. Sales for the first seven months of 2013 were up almost 4% from last year, with 3.38 million units sold, with strong Chinese sales offsetting the continued weak European market. Sales in Europe were down 6.8% and in Volkswagen's home country of Germany they were off by even more, 9.1%. The Volkswagen Group's array of cars and brands across the price spectrum and overseas growth are seen as helping the company withstand the decline in it's European base. from The Truth About Cars http://www.thetruthaboutcars.com

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