23 July 2019

Luxury car sales seen rising 20% in 2014, paper says

China’s luxury car sales are expected to increase 20 percent in 2014, China Business News reported Monday, citing Fu Qiang, president and chief executive of Volvo China Sales Co. Volvo is on track to post an even bigger growth rate, Fu said without giving figures. Volvo has mastered the technology to produce new energy cars and will launch such vehicles when the market is ready for them, the report said.

– Contact HKEJ at [email protected]



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