Volkswagen Set to Take China Sales Crown

Volkswagen Set to Take China Sales Crown

Volkswagen is set to claim the sales crown in China for the first time in nine years.

For the past nine years, General Motors has been the best-selling foreign automaker in the world’s largest auto market, but all that will change in 2013 as Volkswagen has about a 70,000-vehicle lead through the first 11 months of the year. Both automakers have sold over three-million vehicles in China this year.

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Even more impressive is that Volkswagen believes it could sell more vehicles in China since it has a capacity problem in the country, according to Jochem Heizmann, president and CEO of Volkswagen’s China operations. The Audi brand is also the top-selling premium brand in China.

The German automaker will invest $25 billion through 2018 to expand its operations in China.

[Source: Automotive News]

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