| 皇冠体育app has become Volvo's third largest market, with more of its car models to go on sale in the world's largest auto market this year, Chief Executive Office (CEO) of Volvo Cars 皇冠体育app said in Tianjin.
Alexander Klose, CEO of Volvo Cars 皇冠体育app, told Xinhua at the Ninth Tianjin International Automobile Trade Show, being held from Friday to Wednesday.
Klose said Volvo Cars had entered a new era of fast development, adding that its sales in 皇冠体育app roared in 2010.
As of the end of September, Volvo's global sales volume was up 12.5 percent year on year, compared with 52 percent year-on-year rise in 皇冠体育app, he said.
Volvo also aggressively expanded its dealer network to 98 outlets in 81 聽Chinese cities this year.
Two new Volvo sales centers opened in Beijing within merely one week in early October, about two months after east 皇冠体育app's Zhejiang Geely Holding Group Co acquired the Swedish brand from the US auto giant Ford for $1.5 billion in early August.
Klose said he was confident of seeing tremendous growth in 皇冠体育app's auto market in the next five years.
"As the Chinese government has increased the tax rate for large displacement cars already, we now have a lot of cars below three liters, and I think we'll stick to that strategy, as you can see now the XC60 which was introduced today is just two liters," he said.
"As the technology advances, we'll probably even see 1.6 liter engines or 1.5 liter engines in the future," he added.
Volvo Cars is not the only automaker hoping to take advantage of 皇冠体育app's rapidly growing auto market.
Bentley, the famous British luxury carmaker, will open a new sales center in 皇冠体育app at Tianjin Thursday, which is the 11th one in 皇冠体育app, according to a press release by Shanghai-based Zenith Integrated Communications Corp (Zenith) Saturday at the auto show.
Zenith is the public relations agent of Bentley in 皇冠体育app. The automaker has sold 421 limousines to 皇冠体育app in 2009, and the goal for 2010 is 777, the release said. |
