Vw expects to sell more than 2 million vehicles in China in 2011

Article by Christian Andrei, on September 2, 2011

Volkswagen AG’s sales in China this year are expected to reach over 2 million vehicles, making it VW's largest global market again (starting in 2009). From January to July 2011, Volkswagen Group sold 1.3 million units, higher by 16% compared to the same period last year. If VW achieves its sales goal for the year, it means that its 2011 deliveries would increase by 4.2%.

This would be about the same pace as China’s industry sales but would be flat if compared to VW’s growth rate last year (a 37% rise from the previous year with sales of 1.9 million vehicles).

This year, industry sales had flattened after a scrapping incentive was terminated and the sales tax on small cars was raised. The Volkswagen brand is the best-selling marque in China.

However, VW is in a tight sales race with General Motors Co. If sales of microvans are included, sales of GM's Chinese joint ventures reached 1.3 million units from January to June of this year, while VW Group sold 1.1 million units.

CEO Martin Winterkorn disclosed VW’s sales target in a statement that was released during a trip to China when he came to celebrate the 20th anniversary of FAW-Volkswagen Automobile Co., the German automaker’s joint venture with China FAW Group Corp.

FAW-Volkswgen builds Audi-brand vehicles and Volkswagen-brand models like the Golf, Jetta, Sargita, New Bora, Magotan and CC. VW's Skoda models are made by its joint venture with SAIC Motor Corp.

Topics: vw, china, sales

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The bidding war for one of the only 20 examples -- 21 actually, but the 00 version went to a museum -- of the classically beautiful Lamborghini Reventon built and...
by - January 18, 2017
Bentley once again confirmed its plans to push PHEV into their future lineups. As a matter of fact, the Bentayga SUV will be the first to have the plugin hybrid...
by - January 18, 2017
Each time that Mini launches a new generation of the Countryman crossover, a John Cooper Works performance version is always expected to follow. When Mini unveiled the next-gen 2017 Mini...
by - January 18, 2017
Ford Mustang customers won’t be able to specify the V6 powerplant for the latest iteration of the carmaker’s pony car. This comes as the new 2018 Ford Mustang is saying...
by - January 18, 2017
The man sitting at the top of the performance division of Mercedes-Benz – Tobias Moers – cryptically indicated that the Mercedes-AMG GT4 could be really coming. Moers, chief executive of...
by - January 18, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries