April 19, 2017 / 5:33 AM / 3 months ago

China premium car market to grow 50 percent over next decade: Audi CEO

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Audi CEO, Rupert Stadler gestures during the company's annual news conference in Ingolstadt, Germany, March 15, 2017.Lukas Barth

SHANGHAI (Reuters) - China's premium car market will grow 50 percent over the next 10 years, the chief executive officer of Audi AG said at the Shanghai auto show on Wednesday.

Rupert Stadler said the market would grow to around three million cars per year in a decade's time.

Reporting by Norihiko Shirouzu; Writing by Adam Jourdan

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