Vw shows a 36.7% increase in 2009 China car sales

Article by Christian Andrei, on January 25, 2010

Volkswagen AG said that the 36.7% increase in car sales in Mainland China and Hong Kong in 2009 was in line with its forecast. The increase can be attributed to Beijing's policy initiatives that had boosted automobile demand in the world's largest auto market.

In 2009, VW sold 1.4 million cars in China and Hong Kong while in 2008, it had sold 1.2 million units. Volkswagen brands' sale rose 32.4% to 1.12 million units in China and Hong Kong during the period.

Audi's sales increased by 32.9% to 158,941 units while Skoda sales were 106.7% at 122,556 units. In a statement, Winfried Vahland, president and CEO for Volkswagen's China operations, said that 2009 has been such "an extraordinary year" for VW that it has raised its forecast several times.

According to VW's predictions in November, Vahland projected a more than 35% sales growth in Mainland China and Hong Kong in 2009.

Meanwhile, archrival General Motors Co. sold 1.83 million vehicles in the country last year, a 66.9% increase. However, the total tally includes 1.06 million relatively cheaper minivans and pickup trucks made at its venture in south China.

Topics: vw, china, sales

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