Volkswagen of America says June sales of fall 18 percent despite boost from clean diesel

August 5th, 2009 Euro retail sales fall 0.2 pct in JuneBRUSSELS — The European Union says retail sales in the 16 nations that use the euro fell 0.2 percent in June from a month earlier, showing that consumers are wary of spending as unemployment hits a 10-year high. Shoppers cut back spending both on daily essentials such as food, drink and tobacco and on non-food items such as clothing, electronics and medicines.

August 3rd, 2009 Cash for Clunkers boost Ford's July sales 1.6 pctDETROIT — Ford Motor Co. says July sales rose nearly 1.6 percent over the same month last year as the government's wildly successful "cash-for-clunkers" program gave the automaker a significant boost.

August 3rd, 2009 July Auto Sales: Volkswagen of AmericaHERNDON, Va. — Volkswagen of America Inc., a subsidiary of Wolfsburg, Germany-based Volkswagen AG, said Monday its July sales rose by less than 1 percent as its diesel cars posted strong sales and consumers took advantage of the government's Cash-for-Clunkers program.

July 30th, 2009 VW's Q2 profit careens 83 pct lower to €283MBERLIN — German automaker Volkswagen AG said Thursday that its second-quarter net profit plummeted 83 percent on lower sales of its cars — from Audis to Skodas — as consumers around the world put off big purchases during the recession. The Wolfsburg-based automaker, currently in talks to merge with Porsche SE, said it earned €283 million ($399.14 million) in the April-June period compared with €1.6 billion a year earlier.

July 30th, 2009 Volkswagen says 6-month profit falls 81 pctBERLIN — Volkswagen AG, Europe's biggest automaker by sales, says its six-month net profit slipped 81 percent to euro494 million ($696.7 million) on falling sales, adding that it expects revenue in 2009 to be lower than last year. The Wolfsburg-based company, which is in the process of merging with Porsche SE, did not immediately provide second-quarter figures.

July 30th, 2009 VW's 2Q profit careens 83 pct lower to euro283MBERLIN — Volkswagen AG says its second-quarter net profit plummeted 83 percent as sales of its cars — from Audis to Skodas — slid lower as consumers put off new car purchases worldwide during the recession. The Wolfsburg-based automaker, currently in talks to merge with Porsche SE, said Thursday that it earned euro283 million ($399.14 million) in the April-June period compared with euro1.6 billion a year earlier.

July 30th, 2009 Volkswagen says 6-month profit falls nearly 81 pctBERLIN — German automaker Volkswagen AG said Thursday that its six-month net profit slipped nearly 81 percent to euro494 million ($696.7 million) on decreased demand during the recession and that total sales this year will be less than in 2008. The Wolfsburg-based company, whose brands include Audi, VW, Seat and Skoda, earned euro2.5 billion in the first six months of 2008.

July 24th, 2009 Inter Parfums 2nd-quarter sales fall 11 percentNEW YORK — Perfume maker Inter Parfums Inc. said Thursday sales fell 11 percent in the second quarter, hurt partly by the stronger dollar.

July 15th, 2009 European car sales rise for 1st time in a yearBRUSSELS — European car sales rose in June for the first time in over a year thanks to government "cash-for-clunkers" handouts, car makers said Wednesday. Manufacturers' group ACEA said sales were up 2.4 percent to 1.46 million units, the first increase after 14 months of falling sales.

July 9th, 2009 Target June same-store sales fall 6.2 percentMINNEAPOLIS — Discount retailer Target says its same-store sales fell 6.2 percent in June as customers continued to shop sparingly and spend mainly on necessities such as healthcare products and food. Still, the Minneapolis-based company says it expects to meet or exceed analyst expectations for second-quarter profit.

July 1st, 2009 June auto sales: Nissan North AmericaFRANKLIN, Tenn. — Nissan North America Inc.

July 1st, 2009 BMW Group says June US sales slip 20.3 percentWOODCLIFF LAKE, N.J. — German automaker BMW Group said Tuesday that June U.S.

July 1st, 2009 Mitsubishi North America sales drop in JuneCYPRESS, Calif. — Mitsubishi Motors North America said Wednesday its sales dropped 41.7 percent in June compared with the same month a year ago, although sales fell at a slower pace than in the previous month.

April 29th, 2009 Volkswagen: 1Q profit down 72 pctFRANKFURT — Volkswagen AG, Europe's biggest carmaker by sales, said Wednesday that its net profit was down 72 percent in the first quarter as global demand for cars fell — a slight improvement on the preliminary figure it reported earlier this month. Wolfsburg-based Volkswagen said its net profit fell to euro263 million ($347 million) in the January-March period, down from the euro929 million it earned a year earlier.

April 27th, 2009 Audi 1Q operating profit down 29 percentFRANKFURT — German luxury carmaker Audi AG said Monday that its first-quarter operating profit fell by 29 percent as the global economic crisis ate into sales. Ingolstadt-based Audi said its operating, or pretax, profit was down to euro363 million ($479 million) in the January-March period from euro514 million a year earlier.