Top European automaker Volkswagen AG sold 37 percent more vehicles in mainland China and Hong Kong last year and pledged to invest 10.6 billion euros ($13.8 billion) in the country through 2015.
The investment is earmarked to expand Volkswagen's production capacity and develop new products, it said in a statement on Friday.
Volkswagen, which operates car ventures with Chinese state auto groups SAIC Motor (600104.SS) and FAW Group, sold 1.92 million cars in mainland China and Hong Kong in 2010, up from 1.40 million a year earlier, it said.
Sales of Volkswagen brands rose 35 percent to 1.51 million units, with sales of Audi models up 43 percent to 227,938, it said.2011 (CES) Consumer Electronics Show Photo Gallery2011 Detroit Auto Show Preview Photo Gallery2011 San Diego Auto Show Photo Gallery2010 Subaru Outback Photo Gallery2012 Mercedes-Benz C-Class Photo GalleryAutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on Facebook
Share on Facebook
