Volkswagen Passenger Car brand sales hit new high in 2017

CHANGCHUN - Volkswagen Passenger Cars brand sold 3 million vehicles in the Chinese market as of Wednesday, breaking an all-time high in a single year, the company said Thursday.

China remains the brand's biggest single market, with sales of SUVs still robust, according the company.

The company planned to launch at least four new SUV models in 2018 to meet strong demand.

With sales of new energy vehicles registering strong growth in the world's largest car market, Volkswagen also plans to invest over 10 billion Euros in the Chinese NEV market and launch about 40 NEV models by 2025.