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Hamburg - The head of Europe's biggest carmaker, Martin Winterkorn of Volkswagen, said on Thursday that 2009 sales should be slightly higher than those in 2008 owing to strong results in China and Brazil.
The group had previously forecast sales similar to that of the previous year, or around 6.2 million vehicles.
But "sales have developed well especially in China and Brazil... as a result we expect for all of 2009 a level of sales slightly higher than those of the previous year," Winterkorn said.
He spoke during an extraordinary general assembly of shareholders asked to approve a capital increase to finance a purchase of the luxury sports car maker Porsche.
Globally, VW and its total of nine brands have sold 5.3 million vehicles in the first 10 months of this year, an increase of 0.9% from the same period in 2008.
In China, now the group's biggest market, sales leapt by 40 percent during that period, Winterkorn said.
In Brazil, the third-iggest market behind Germany, VW expects to sell a total of 800 000 vehicles this year, compared with 585 000 in 2008.
- AFP