Volkswagen expects car sales to reach record high in March

Dow Jones Newswires (Frankfurt) - German auto maker Volkswagen AG (VOW.XE) expects car sales to hit record levels in March, sales chief Christian Klingler said on the sidelines of a press conference Monday, a spokesman confirmed.

Klingler didn't give any further details.

The company's car sales rose by more than 16% on the year in the first two months to around 1.2 million vehicles, outpacing the overall market's growth.

In 2010, the company posted record sales of about 7.2 million vehicles, driven by rising demand in China, Brazil and the U.S. This year sales are expected to increase at least 5%.