Volkswagen says 2007 China/HK vehicle sales up 28 pct
SHANGHAI, Jan 10 (Reuters) - Top European auto maker
Volkswagen AG’s (VOWG.DE: Quote, Profile, Research) vehicle sales in mainland China and
Hong Kong rose 28 percent to 910,491 units in 2007, beating its
target of 900,000 units, a spokesman for the company’s China
operations said on Thursday.
In 2008, the maker of Volkswagen and Audi brand cars, aims to
grow its vehicle sales in the region by 15 to 20 percent, in line
with the expected growth of the market, the spokesman from the
operations’ public relations department told Reuters.
Volkswagen’s arch-rival General Motors Corp. (GM.N: Quote, Profile, Research) sold a
record 1.03 million vehicles in China in 2007, up 18.5 percent
from a year earlier.
Ford Motor Co (F.N: Quote, Profile, Research), which came to the world’s second largest
auto market much later, reported a 30 percent growth in its
retail sales here last year. It sold 216,324 vehicles in China
during the period, roughly a fifth of GM’s local sales volume.
(Reporting by Fang Yan, editing by Ken Wills)
