Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
dpa

HOME > dpa

​Volkswagen brand sells significantly more cars, thanks largely to China

November 15, 2019


Abstract : In October, the carmaker Volkswagen was able to gain considerable ground when it came to sales. Last month, the Wolfsburg-based company delivered 562,200 cars with the VW logo to customers worldwide, 8.8 percent more than the same month last year, the company announced on Wednesday.

The Volkswagen logo can be seen in front of the Sandkamp Gate on the VW site in Wolfsburg. (picture alliance/dpa)

In October, the carmaker Volkswagen was able to gain considerable ground when it came to sales. Last month, the Wolfsburg-based company delivered 562,200 cars with the VW logo to customers worldwide, 8.8 percent more than the same month last year, the company announced on Wednesday. "This is a great success, especially under the currently challenging macroeconomic conditions," said Jürgen Stackmann, the member of the board responsible for sales.

The VW brand saw significant growth in Europe and also in China, its most important single market. In total, after 10 months, Volkswagen had delivered 5.08 million vehicles in 2019, 1.2 percent fewer than in the same period last year.

In Europe, the introduction of a new exhaust gas and fuel consumption test procedure (WLTP) had severely restricted sales in the previous year because VW was unable to deliver many models. In China VW seems to be gaining a foothold in the country, where deliveries rose by 7.5 percent. The company attributed this to the success of SUVs, whose share in China exceeded 30 percent for the first time. China accounts for half of all VW brand deliveries worldwide.

Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.

Scan the QR code and push it to your mobile phone

Keyword: Volkswagen sales Germany

Reading:

Interview: Decoupling from China to cost U.S. opportunities, says Chinese business chamber head

China's online retail sales surge during "Double 11" shopping festival

Economic Watch: Resisting pressure, China confident of meeting economic target

A Review of China-UAE Trade and Economic Cooperation (2014-2019: Transformation and Upgrading)

China's property investment up 10.3 pct in January-October

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial