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Volkswagen aims to double sales to 2 million by 2018
By Li Fangfang (chinadaily.com.cn)
Updated: 2009-02-26 12:06 German carmaker Volkswagen AG today said it aims to double its annual sales in China by 2018.
The 2 million units of sales target will be contributed by the China joint ventures Shanghai Volkswagen and FAW-Volkswagen equally and respectively, said Vahland. To achieve the target, Volkswagen will coordinate with Shanghai Volkswagen and FAW-Volkswagen to double the number of their dealers from 1,000 to 2,000. Besides, Volkswagen, Audi and Skoda will launch more than ten new or updated models in China between 2009 and 2010. Volkswagon last year sold 1.02 million cars in China, hitting the 1 million mark for the first time. (For more biz stories, please visit Industries)
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