FAW-Volkswagen says 2003 China sales leap 55 pct

Newswire

SHANGHAI, Dec 31 (Reuters) - Car sales from top European auto maker Volkswagen AG's joint venture in the northern Chinese city of Changchun have jumped an annual 55 percent this year. FAW-Volkswagen sold 298,000 cars in 2003, spokeswoman Cheng Rui said on Wednesday, declining to give further details. The plant, a venture between the German automaker and First Automotive Works, is being expanded to bring annual capacity up to 330,000 from the present 300,000 units. A new ...

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