Volvo Cars, the Swedish premium automotive maker, is assured its sales in China in 2015 can grow quicker than the marketplace for premium cars as customers still be tempted by a brand new vary of cars and it captures extra market share from its competitors. The Volvo Cars CEO’s optimistic comments come back amid considerations a couple of broader retardation within the world’s largest railway car market.
Its expected growth within the overall marketplace for rider cars in China in 2015 to slow to between five and seven per cent, with the premium sector staying fairly buoyant with growth of between five and ten per cent. China was Sweden’s largest individual market in 2014, with sales of 81,000 cars, 17.4 per cent of total retail sales.
Source: Autobei
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