Volkswagen to double dealerships in China

German car manufacturer Volkswagen is all set to double the amount of its dealerships in China by 2015. It is also going to increase its investment in the country over the next four years.

Last year, Volkswagen surpassed Toyota to become the world’s second-largest car maker after General Motors. Toyota sold 1m vehicles in China in 2011, while Volkswagen sold 2m. According to the Chinese-language Bejing Business Today, the German car firm had about 1,590 dealerships in the country as of last year, while Toyota had 600.

Volkswagen car sales in China grew 18.5 per cent for the first three quarters this year. Its market share in the country also increased from 19 per cent last year to 20.9 per cent.

The German firm said it will increase the number of dealers to at least 3,000 by 2015. It will also spend €14b between 2012 and 2016 in the country. According to Bejing Business Today, other future expansion plans include launching 76 models produced by its Chinese partners and imported from other countries.