Emerging car markets power VW global sales

BERLIN -- Despite rising gas prices, Europe’s biggest carmaker Volkswagen AG’s global sales climbed by 5.8 percent in the first six months of the year, powered ahead by surging demand in emerging markets. The rise in VW’s worldwide deliveries to 3.27 million was the highest figure reached by the carmaker during the first six months of the year but warned world car markets were facing tougher conditions.

The increase during the first six months of the year followed a 23.2 percent jump in sales in China along with a 21.8 percent rise in Brazil and an 18.7 percent increase in Central and Eastern Europe’s booming car markets.

In particular, sales during the first six months of the year raced ahead by 69.2 percent in India, by 63.3 percent in Russia and by 46.9 percent in Ukraine.

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