Volkswagen AG chairman Ferdinand Piech said the company’s sales in China are expected to grow at least 9 percent in 2013 after increasing 10 percent or more this year.
Piech said growth is fueled by consumers buying their first cars. “The growth is tremendous. You have so many people without cars and we expect a few buyers for our products,” Piech was quoted as saying by Bloomberg in Tianjin, China, at the World Economic Forum.
“We are happy also with 9 percent in China. Double digit is risky...
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