German Volkswagen Overtakes US GM with 16% Growth in China


(MENAFN- Qatar News Agency) German auto giant Volkswagen AG on Monday reported annual sales of 3.27 million vehicles in China last year, up 16.2%, beating the sales volume of US rival General Motors.



Sales of the company's Volkswagen-branded vehicles rose by nearly 17% to 2.51 million, the (DPA) reporte



"The excellent result of 2013 was made possible by the good performance of locally produced models," it sai



The group said sales of its Audi-branded cars soared by 21% to 492,000 in China last year, while it also sold 227,000 Skoda vehicles in the world's largest car market. GM reported sales of 3.16 million vehicles in China in 2013, up 11%


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.