VW expects a slight growth in China’s premium car segment

Germany’s VW is expecting a slight growth in China’s premium car segment in 2020 despite a slide in broader market sales, a senior executive said.

Volkswagen Group’s China chief, Stephan Woellenstein, made the remarks to reporters in Beijing today.

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In China, the world’s biggest auto market, Volkswagen has joint ventures with local partners including SAIC Motor, FAW Group, and JAC.

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