First Auto Works-Volkswagen Automotive Co. Ltd. says its annual sales are expected to rise by more than 60% over last year. The Changchun joint venture’s total sales this year are set to exceed 200,000 units, up from 124,000 in 2002. The rise parallels a national trend. Sales of domestically made cars grew by 52% year-on-year to 908,100 units in the year’s first 10 months, according to the China Assn. of Automobile Manufacturers. FAW-VW officials credit high quality and a diversified ...
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