BEIJING - Volkswagen AG said on Wednesday it will start making its Audi A4 sedan in China, adding another luxury model to the German auto giant's lineup in one of the world's fastest-growing markets.
Production would start in April, and Volkswagen planned to make 30,000 of the cars a year "in the long term," a company statement said. Pricing and near-term output details were not given.
The A4 would be made by FAW-Volkswagen, a joint venture with China's leading First Automotive Works in Changchun in the northeastern province of Jilin, the company said.
Volkswagen launched its larger Audi A6 sedan in China in 1999. Audi sold nearly 37,000 cars in China last year, and sales were expected to see double digit growth this year, Erich Schmitt, an Audi executive responsible for the Chinese market, said in a statement. China's passenger car sales rose more than 50 percent to top 1.1 million units last year, as rising incomes and a flurry of new affordable models sparked a car-buying frenzy.
Volkswagen dominates China's car market, the company's biggest outside Germany. Executives said late in 2002 the firm was on track to sell half a million vehicles for that year and would double that to one million in 2007.