Vw shows a 37% increase in sales across China and Hong Kong

Volkswagen AG said that it is expecting a 30% increase in its sales across China and Hong Kong markets. This statement came after the German manufacturer showed a 37% increase in the first nine months thanks to government stimulus measures, says Autonews.

Volkswagen sold 1.06 million vehicles in China and Hong Kong, up from 775,341 units a year earlier. “We surpassed the 1 million record sales landmark of last year already in middle of September. Based on our current figures we expect for the whole year a solid double-digit growth of more than 30 percent for the group,” said Winfried Vahland, president and chief executive of Volkswagen Group China.
Read Article

Yonder7 - 10/12/2009 4:07:33 PM

+1 Boost

No surpise here, All brands will get a piece of that cake...

ThierryHenry14 - 10/12/2009 9:31:28 PM

+3 Boost

VW did well in getting a first mover advantage in China and its paying wonders...