AUTOSHOW-Volkswagen plans to triple south China sales by 2018

Newswire

GUANGZHOU, China, Nov 22 (Reuters) - Volkswagen AG plans to more than triple its sales in south China to over half a million vehicles by 2018 as part its strategy to double its sales to 2 million units in mainland China and Hong Kong by that time, its China chief said on Sunday. Europe's largest automaker expects to sell about 1.4 million vehicles in mainland China and Hong Kong this year, up over 35 percent from 2008, Winfried Vahland, president and CEO of Volkswagen's China operation ...

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