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VW sees China passenger-car market growing 6-8 pct per yr over 3-5 yrs
April 19, 2013 / 7:26 AM / 4 years ago

VW sees China passenger-car market growing 6-8 pct per yr over 3-5 yrs

SHANGHAI, April 19 (Reuters) - Volkswagen AG sees China’s passenger-car market growing by between six and eight percent per year over the next 3-5 years, Jochem Heizmann, chief executive of Volkswagen Group China, said on Friday.

The multi-brand car company is also targeting growth matching the pace of the wider Chinese market, Heizmann said in Shanghai. (Reporting by Andreas Cremer; Editing by Jacqueline Wong)

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