VW raises 2007 China sales target to 900,000 units
"We are confident to achieve this revised sales target based on our strong sales performance and surging profits in China since the beginning of the year," said Winfried Vahland, chief executive officer of Volkswagen China.
The sales target exceeds the previous goal of 800,000 vehicles in the auto giant's fastest growing market in the world, according to the report.
Sales from January to September surged 30.2 percent from the same period last year to a record 684,786 vehicles in China, of which Volkswagen brand saw sales climb by 27.9 percent to 594,270 vehicles, including 6,322 units were imported.
The Audi, Volkswagen's luxury brand, saw sales soar 25.7 percent to 76,168, including 6,504 that were imported. Skoda also reported sales of 14,094 units, including 208 imported vehicles.
Last year, Volkswagen and its two joint ventures in Shanghai and eastern Jilin province sold 711,000 vehicles in China, up 24.3percent from a year earlier, said the report.
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