Volkswagen group sales increased 4.7 percent in October, third straight monthly gain

Volkswagen group sales increased 4.7 percent in October, the third straight monthly increase, powered by gains at all of the automaker’s volume and high-end brand names.

Group shipments consisting of the Audi, Porsche and Skoda nameplates boosted to 870,300 automobiles from 831,300 a year previously, Volkswagen stated on Friday.

Ten-month registrations were up 2.6 percent to 8.48 million. Volkswagen stated it anticipates full-year group registrations to somewhat exceed 2015’s 9.93 million sales.

The Volkswagen brand, accounting for nearly 60 percent of group sales, earlier on Friday stated it expects more delivery gains in the months ahead after reporting 4.4 percent more registrations in October.