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Volkswagen's Skoda Reports 15% Rise In 2011 Car Sales


Skoda Auto AS, a unit of Volkswagen AG (OTC: VLKAY), reported a 15% rise in its car sales in 2011.

Skoda sold 875,000 units last year, up from 762,600 in 2010.

The car maker is scheduled to issue detailed financial results on January 10.

VLKAY shares dropped 0.77% to close at $28.30 yesterday.

Posted-In: car salesNews


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