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VWs popular in China
BEIJING, Aug. 17 (UPI) -- China is expected to become
Volkswagen's No. 1 market this year, surpassing even its home turf
in Germany, the automaker says.
While sales slowed in June, Volkswagen Group still projects
it will sell just over 1 million cars in China this year, slightly
more than in Germany, Automotive News Europe reported Sunday.
"The 1 million figure is still on," Jorg Mull, executive
vice president of the finance department for Volkswagen Group China,
told Automotive News Europe. "The market will hit at least 15
percent growth this year, even though overall Chinese growth has
slowed a bit."
VW rang up 531,614 sales in China in the first six months,
up 23.2 percent from the year-ago period. In Germany, it sold
534,390 units, an increase of 3.7 percent.
Volkswagen, which sells VW, Audi and Skoda cars in China,
has a 19.1 percent market share in the Asian nation.
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