Audi reports September sales

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Audi, a subsidiary of Volkswagen AG (Xetra: VW), has reported an increase in sales for the month of September 2012.

The automaker sold 136,600 vehicles last month, up 13.6 percent over the year-ago period. Between January and September 2012, the company sold 1.097 million cars and sport-utility vehicles, up 12.8 percent compared to the same period in 2011.

The increase in sales is attributed to the rise in demand from China and the United States.

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