VW Group Sales Slip 1%

Volkswagen AG reports its worldwide sales of cars and commercial vehicles dipped to 686,900 units in February from 693,200 units in the same month last year.

Group sales fell in Europe (-2% to 307,200 vehicles) and Asia Pacific (-2% to 248,400). But regional sales advanced in North America (+8% to 67,300 units) and South America (+4% to 35,400).

VW and Audi brand sales for the month dropped 3% to 384,100 units and 1% to 125,100, respectively. But volume rose for SEAT (+11% to 31,800 vehicles) and Skoda (+3% to 81,200).

The company, anticipating continued mixed results by region, says it is focused on “qualitative growth” in 2017.