VW restates record sales target on  results from China, South America
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German auto giant Volkswagen posted strong third-quarter results Friday and restated a record full-year sales target as Chinese and South American growth offset slumping turnover at home and in the United States.
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Demand for Volkswagen and Audi vehicles helped VW sell more than three million cars in the first two quarters of this year.
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TOKYO -- Toyota plans to sell 10.4 million vehicles globally in 2009, it said Friday, a sales target that would put the Japanese automaker ahead of a record set by world leader General Motors 30 years ago.
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Volkswagen says full-year profits more than double fuelled by unit sales and increased demand for new models.
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A new facility for VW and Audi could take the edge off the companyâs currency woes. VW sales and marketing chief Georg Flandorfer, in an interview with Frankfurter Allgemeine Zeitung, said that steep losses
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PSA Peugeot Citroen China&#39;s unit is expected to miss its full-year car sales target due to intense competition and slumping sales.
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Volkswagen  aims to increase its market share in China after sales to the Asian country boosted VW's group unit sales by 7.6 percent in the first two months of this year, it said on Tuesday.
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Volkswagen sees vehicle sales rise 10% in November year-on-year, boosted by surging demand in Brazil.
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China&#39;s car sales rose 13.94 percent in September from August to 194,100 units, the China Daily said on Monday, citing official data which signals further signs of life after months of weak growth caused by credit curbs.
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Volkswagen AG has reduced this year's production target for its top-selling Golf compact by more than 10 percent because of Europe's sluggish auto market, a company spokesman said Tuesday.
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Toyota said itâs aiming to sell 9.85 million vehicles worldwide in 2008, setting an ambitious target despite worries about a slowing U.S. car market.
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General Motors Corp. , the  world&#039;s largest auto maker, said on Tuesday its sales in China  rose 47 percent in the first half of 2006, as it benefited from  a stronger-than-expected domestic market.
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German premium car maker BMW expects  its Asian sales to grow 10-15 percent this year to a record  after it sold 2.6 percent more cars in Asia in 2004, the  company's chief executive officer said on Wednesday.
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Automaker Volkswagen AG said Friday that its third-quarter profit soared higher on improved sales in Asia, Europe and South America, along with lower costs for building cars.
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DaimlerChrysler (DCXGn.DE)  boosted global car sales 2.1 percent to 3.9 million units in 2004 as a strong showing by U.S. arm Chrysler offset a dip at flagship Mercedes Car Group, the world's fifth-biggest carmaker said on Sunday.
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DaimlerChrysler AG, the world&#39;s fifth- biggest carmaker, reported a third-quarter profit as Chrysler&#39;s US sales rose. Volkswagen AG&#39;s earnings fell a seventh quarter in a row on higher sales incentives while Fiat SpA&#39;s loss widened.
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General Motors  expects its sales in central and eastern Europe to jump to 505,000 units this year from 350,000 in 2006, GM Europe sales chief Jonathan Browning said on Tuesday.