VW-brand sales in China up 18% in first ten months
Volkswagen-brand sales in China rose nearly 18 percent year-on-year to 2.0 million units over the first ten months.
The German automaker has not yet published total sales for all six brands that it sells in China.
But Audi AG, which published its sales earlier this week, continues to dominate the luxury market. In the first ten months, VW's luxury brand has delivered 399,330 units, up 20 percent. For the year to date, Audi has maintained a sizable sales lead over BMW and Mercedes-Benz.
This year, VW has been locked in a race with General Motors to be the top-selling foreign automaker in China.
In the first ten months, GM sales in China have risen 11 percent to 2.6 million units. VW's group sales results are expected late this week.
Both Volkswagen and GM are investing heavily in new production capacity. In October, VW opened a new assembly plant in the southeast city of Ningbo, which will produce up to 300,000 vehicles annually.
The Ningbo plant, will employ 5,700 workers. The facility initially will assemble the Skoda Superb, and will subsequently add other Volkswagen and Skoda vehicles built on the automaker's modular transverse platform.
Volkswagen's two partnerships with SAIC Motor Corp. and China FAW Group expect to boost annual production in China to 4 million vehicles in 2018.
But Audi AG, which published its sales earlier this week, continues to dominate the luxury market. In the first ten months, VW's luxury brand has delivered 399,330 units, up 20 percent. For the year to date, Audi has maintained a sizable sales lead over BMW and Mercedes-Benz.
This year, VW has been locked in a race with General Motors to be the top-selling foreign automaker in China.
In the first ten months, GM sales in China have risen 11 percent to 2.6 million units. VW's group sales results are expected late this week.
Both Volkswagen and GM are investing heavily in new production capacity. In October, VW opened a new assembly plant in the southeast city of Ningbo, which will produce up to 300,000 vehicles annually.
The Ningbo plant, will employ 5,700 workers. The facility initially will assemble the Skoda Superb, and will subsequently add other Volkswagen and Skoda vehicles built on the automaker's modular transverse platform.
Volkswagen's two partnerships with SAIC Motor Corp. and China FAW Group expect to boost annual production in China to 4 million vehicles in 2018.
