Volkswagen Forecasts Continued Sales Growth in 2012

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German automaker Volkswagen, the new number two worldwide, said on Monday it expected sales to grow further this year after confirming record results for 2011.

VW posted sales last year of 159.3 billion euros ($209 billion), a gain of 25.6 percent on a 12-month basis, along with a 57-percent leap in operating profit to 11.3 billion euros.

The data confirmed provisional figures initially published in late February.