UPDATE 1-New VW Golf sales disappoint - reports

Newswire

(Adds Automobilwoche survey, background) FRANKFURT, Dec 20 (Reuters) - Sales of Volkswagen's new Golf, which the company had hoped would boost end-of-year revenues, are lagging expectations due to low demand and technical problems, according to two separate reports. The chief executive of Europe's biggest carmaker told a German newspaper the company would build about 25,000 fewer than the planned 135,000 in 2003 of the new model of its best-selling hatchback because of technical problems ...

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