
By Christoph Rauwald and Craig Trudell
Volkswagen narrowed the gap in nine-month sales with market leader Toyota as the world’s two largest automakers enter the fourth quarter in a neck-and-neck race for the industry’s global top spot.

By Christoph Rauwald and Craig Trudell
Volkswagen narrowed the gap in nine-month sales with market leader Toyota as the world’s two largest automakers enter the fourth quarter in a neck-and-neck race for the industry’s global top spot.

By YURI KAGEYAMA
Toyota kept its lead over rivals Volkswagen and General Motors as the world’s top-selling automaker in the first nine months of the year, Monday reporting record sales of 7.615 million vehicles, up nearly 3 percent from the previous year.

German automaker Volkswagen will recall more than a million cars in China and the United States due to a defect in the rear axles, a company spokesman said.
Volkswagen Group said it is on target to sell 10 million vehicles this year after its September vehicle sales increased 3 percent to 881,300.
Higher sales in China and Europe are helping to offset weaker volume in the U.S. and South America for the group, which owns the Audi, Porsche and Bentley luxury brands, as well as the VW, Skoda and Seat volume marques.
An Italian consumer group is inviting car buyers to join a class action lawsuit against Fiat and Volkswagen over allegations that the companies exaggerated the fuel-saving credentials of their vehicles.
After conducting tests on Fiat’s Panda 1.2 and Volkswagen’s Golf 1.6 TDI models, Altroconsumo said on Tuesday the two models were between 18 and 50 percent less fuel efficient than stated by the two manufacturers in their marketing and sales material.