FAW-Volkswagen's China car sales jump 70 percent

Newswire

SHANGHAI, Dec 29 (Reuters) - FAW-Volkswagen, one of German auto giant Volkswagen AG's Chinese ventures, said its sedan sales grew 70 percent year-on-year by mid-December in China, the world's fastest growing car market. FAW-Volkswagen, a venture between Volkswagen and China's leading First Auto Works (FAW) in Changchun in the northeastern province of Jilin, sold 200,000 cars in the country by December 13, it said in a statement seen by Reuters on Sunday. With that sales volume, the ...

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