VW's Skoda Q3 car sales up on German scrap subsidy

Newswire

PRAGUE, Oct 29 (Reuters) - Car sales at Volkswagen's Czech unit Skoda Auto grew 6.5 percent in the third quarter, reversing a decline in the previous two quarters, the company said on Thursday. The "cash for clunkers" subsidy in Germany, Skoda's biggest market, and growing business in China pushed sales to 174,984 vehicles. The subsidy scheme expired at the beginning of September and Skoda said it expected fourth-quarter sales to roughly match last year's with performance next year "hard ...

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