UPDATE 1-Volkswagen China venture sees sales jumping 21 pct

Newswire

(Adds quote, market details) CHANGCHUN, China, May 25 (Reuters) - Volkswagen's auto venture with China's First Automotive Works (FAW) sees sales jumping by up to 21 percent to between 350,000 and 360,000 vehicles this year, an FAW executive said on Tuesday. Coupled with sales estimates given earlier by Volkswagen's other main venture in China's commercial hub Shanghai, that means the German company could see vehicle sales in its second-largest market rise 17 percent to 810,000 to 820,000 ...

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