Volkswagen China sales to grow at least 4-5% in 2017, says China CEO | autos | Hindustan Times
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Volkswagen China sales to grow at least 4-5% in 2017, says China CEO

China chief executive Jochem Heizmann also said the firm was looking to quickly resolve concerns among some Chinese dealers of its Audi AG cars over a tie-up with SAIC Motor Corp Ltd.

autos Updated: Apr 18, 2017 16:01 IST
Volkswagen logos adorning a sign outside a dealership for the German automaker located in the Sydney suburb of Artarmon, Australia.
Volkswagen logos adorning a sign outside a dealership for the German automaker located in the Sydney suburb of Artarmon, Australia.(Reuters file photo)

German carmaker Volkswagen AG’s China sales are set to grow at least 4-5% this year, the automaker’s China chief said on Tuesday.

China chief executive Jochem Heizmann also said the firm was looking to quickly resolve concerns among some Chinese dealers of its Audi AG cars over a tie-up with SAIC Motor Corp Ltd.

The China Association of Automobile Manufacturers (CAAM) predicted in January overall car sales would rise 5% this year, slowing from the 13.7% growth in 2016 due to the rollback of a tax incentive for small-engine cars.