Volkswagen says March sales flatApril 12, 2013 - 13:51 AMT PanARMENIAN.Net - German automaker Volkswagen AG says sales were flat in March and that global car markets outside North America and China "are becoming even more difficult." The Wolfsburg-based company delivered 864,400 vehicles during the month, 0.2 percent more than the same month a year ago. Sales chief Christian Klingler said in a statement Friday, April 12 that the company maintained "positive momentum" of sales in North America and China. But he warned that "almost all other regions, particularly the markets in Western Europe, remain affected by uncertainty which is in some cases considerable." Car sales are sagging across Europe because of the debt crisis that afflicts countries that use the euro currency. Governments are cutting back spending to reduce debt, deepening recessions and increasing unemployment to 12.0 percent. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |