Slower sales in North America and Europe are being blamed for Volkswagen AG’s 51.4% decline in third quarter earnings. Germany’s largest auto maker says overall profits for the quarter totaled E439 million ($432.4 million), down from E903 million ($888 million) in like-2001. Total vehicle deliveries ended the quarter at 1.24 million, virtually on par with year-ago levels. While sales in the Asia/Pacific region rose by 49.3% to 182,000 units – largely on 35% growth in China, ...
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