Volkswagen plans to double China sales by 2018

Newswire

SHANGHAI, Feb 26 (Reuters) - Top European automaker Volkswagen AG said on Thursday it plans to double its vehicle sales in the Greater China area to 2 million units by 2018. Volkswagen plans to add four models each year and double the number of its dealerships to 2,000 during the period, Winfried Vahland, president and chief executive for Volkswagen's China operations, said in a statement. The automaker also plans to further increase its market share in China, which currently stands at ...

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