Volkswagen to triple China sales

Europe’s biggest carmaker, Volkswagen, is planning to more than triple its sales in south China by 2018, as it seeks to drive its strategy to double sales to 2m units in the the country by that time, its China chief said yesterday. Volkswagen, which competes with General Motors and others globally, is stepping up its presence in China, which has overtaken the United States as the world’s largest auto market this year.