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VW Trims Outlook for its 2012 Sales

Volkswagen AG says it has made "minimal" downward adjustments to its internal goal for sales this year because of the "tense" condition of western Europe's car market.
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Volkswagen AG says it has made "minimal" downward adjustments to its internal goal for sales this year because of the "tense" condition of western Europe's car market.

But VW, which has not disclosed its forecast, dismisses as "groundless" a report in Handelsblatt that it has slashed its outlook by 300,000 vehicles.

The German daily cited unidentified company sources who say VW now expects to sell 9.4 million vehicles in 2012 compared with 8.3 million units last year.

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