Home
/ China News / News detail
Volvo expects sales in China to grow 80 percent in 2007 and 2008
Shanghai. November 7 (Gasgoo.com) – Volvo said its China sales are expected to grow 80 percent this year and the next, local newspaper, Shenzhen Economic Daily reported today.
"Volvo has sold 14,000 vehicles in China in the first ten months of this year, and we are confident to achieve an 80 percent growth rate this year and next year, " said Dr Alexander Klose, CEO of Volvo China.
He also said that Volvo S40 accounts for 55 percent of the total Volvo sales in China. The automaker has just started to produce S40 at Changan Ford in Chonqing last year.
Earlier this week, Volvo unveiled a plan to locally produce Volvo S80 in China at its Changan Ford plant by the end of next year. S80 will compete with such premium models as Audi, BMW and Benz that have already started local production in China.
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com
All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com
