VW Boosted Discounts 56% to Spur U.S. Sales, Autodata Says
- Automaker spent about $1,000 more than industry average
- Sales halted on more models after second allegation by EPA
VW Scandal Spreads to Gasoline-Powered Cars
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Volkswagen AG relied on discounts that were about $1,000 higher than the industry average to post a surprise 5.8 percent U.S. sales gain in October, the first full month’s results since the automaker admitted to cheating on diesel emissions tests.
Incentives on Volkswagen and Audi vehicles sold last month averaged $4,120, up 56 percent from a year earlier, according to Autodata Corp. That included discounts that surged 52 percent to $4,192 on Volkswagen cars and 70 percent to $2,248 on Audi sport utility vehicles. The industry average was $3,108, a 14 percent increase.