Volkswagen expects to sell three million VW vehicles in China this year

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(Copyright Reuters 2016)

Volkswagen AG said on Friday it expects sales of Volkswagen brand vehicles in China to hit 3 million this year, an increase of 340,000 from last year.

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Stephan Wollenstein, executive vice president of Volkswagen Group China, made the projection at the Guangzhou auto show.

(Reporting by Jake Spring; Writing by John Ruwitch; Editing by Stephen Coates)