Volkswagen Brand Global Sales Rise 0.1% In January

Volkswagen AG (OTC: VLKAY) posted a 0.1% y/y rise in its January global car sales at its VW passenger car brand.

Volkswagen sold 419,200 vehicles worldwide in January, up from 418,600 vehicles, in the year-ago period.

Volkswagen's sales in China dropped 8.6% to 159,900 units. Its Germany sales declined 8.4% to 39,600 vehicles.

Volkswagen's sales in the US surged 48% to 27,200 vehicles.

Volkswagen shares closed at $34.33 yesterday.