BEIJING, Feb. 28 (Chinese media) -- Volkswagen Group China (VGC) is trying to double automobile sales to 2 million in the country by 2018, according to its "2018 Strategy" issued Thursday.
To achieve this, VGC said it would continue upgrading its sales network and expand the number of dealers from 1,000 to 2,000.
It also said it plans to tap into markets in the less developed western regions of the country as well as smaller cities.
VGC would bring at least 4 types of new vehicles into China each year over the next ten years, according to the Strategy.
At present, 44 types of motor vehicles under the Wolfsburg-headquartered Volkswagen Group, under the brands of Volkswagen, Audi and Skoda, are sold in China. Among them, 26 types are manufactured in China.
Despite the slowdown in China's economy, the major trend for the country's economy and auto market is optimistic, said Winfried Vahland, president and CEO of VGC.
He said plans of Volkswagen's 2.4-billion-euro investment in China between 2008 and 2010 would not change. The money was focused on the research and development of new technologies, introduction of new products, brand building, and the upgrading of its sales network and corporate services.
The Germany-based Volkswagen Group is the largest multinational automobile company in Europe. It is also the earliest company to form joint ventures in China.
Volkswagen Group sold 6.23 million new automobiles worldwide in2008, of which 1.02 million were sold in China, an increase of 12.5 percent year on year
At present China is the biggest overseas market for the Group.
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