Vw starts the new year with slight sales growth
The total of 419,200 cars sold, however, meant only a meager plus of 0.1 percent compared to the same month the year before (418,600). As the company reported in wolfsburg on tuesday, growth in registrations in western europe and china cooled off. In other markets such as the USA and russia, however, sales continued to rise.
Europe’s industry leader had already hinted in recent months at a possible downturn in the auto market and warned of caution in view of future developments. VW board member for sales christian klingler nevertheless spoke of a stable start to 2012: "despite the volatile development, especially in europe, we were able to maintain the previous year’s high level of deliveries."