Volkswagen sees marginal growth in China’s premium car segment in 2020

Despite a general global economic downturn brought about by the coronavirus induced lockdowns, Europe’s biggest automaker Volkswagen AG said, it expects a slight growth in China’s premium car segment this year.

The comments were made by Volkswagen Group’s China chief, Stephan Woellenstein, to reporters in Beijing on Friday.

VW has partnered with SAIC Motor, JAC and the FAW Group in China.



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