VW China head sees China’s overall car sales rising 5% in 2023

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  • VW China head sees China’s overall car sales rising 5% in 2023

SHANGHAI (Reuters) -China’s overall passenger vehicle sales are estimated to rise 5% in 2023, Volkswagen AG’s China President Ralf Brandstaetter told Chinese media.

New energy vehicles, which include pure electric and plug-in hybrids, could account for one third of the overall passenger vehicles sales in China in 2023, Brandstaetter added.

Volkswagen confirmed the comments first reported by Chinese media outlet Cailianshe on Wednesday.

The China Association of Automobile…

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