NEW YORK (TheStreet) -- Shares of Volkswagen (VLKAY) are down 1.22% to $44.57 after the German automaker increased sales in July at its core passenger car brand by 4% as higher deliveries in Europe and China offset declines in the Americas, Reuters reports.
Sales of VW brand cars and SUVs increased to 491,600 last month, compared with 472,800 a year ago, the company said. Seven month sales climbed 3.8% to 3.56 million vehicles.
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