Vw Sales Slump In July

Berlin  - Europe's biggest carmaker Volkswagen AG said Thursday worldwide sales of its flagship VW brand slipped 1.

5 per cent to 305,000 during July in the face of growing economic uncertainty and high fuel prices.

However, the German-based auto giant said it set a new record for worldwide deliveries during the first seven months of the year, rising by 4.

7 per cent to 2.

21 million vehicles.

In particular, the world's leading emerging economies continued to power VW sales, with China reporting a 12.

9 per cent increase in deliveries between January and July.