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Volkswagen Sales Down Nearly 5% In February

Volkswagen brand's global vehicle sales fell 4.7% in February, hit by declines in China, the U.S., Brazil and Russia. However, Europe was a bright spot for VW Group's core unit. Demand in China, the brand's largest single market, fell by 3% due to the Chinese New Year celebrations, while sales in the U.S. dropped by 13% amid negative publicity over the automaker's cheating of U.S. diesel emissions tests.

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