Dongfeng Motor sees its car sales up 15 pct in 2012


HONG KONG, March 28 (Reuters) - Dongfeng Motor Group Co Ld , China's second-largest automaker, said on Wednesday that it expects the country's auto sales to exceed 20 million vehicles this year, up 38 percent from 2011. Chairman Xu Ping, speaking at a results briefing, said he expected the company to sell 2.45-2.5 million vehicles this year, an increase of 15 percent over 2011. "This year our (sales) growth will be relatively fast" he said, adding that the company planned to launch about ...

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