Uncategorized no image

Published on January 8th, 2011 | by Daniel Sherman Fernandez

0

Volkswagen Sells Almost 2 Million Vehicles In China For 2010

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.

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.


About the Author

www.dsf.my is a service to the public and other website owners. www.dsf.my is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site www.dsf.my. While the information contained within the site is periodically updated, no guarantee is given that the information provided in this website is correct, complete, and up-to-date. www.dsf.my is not responsible for the accuracy or content of information contained inside.



Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑