CHANGCHUN, April 18 (Xinhua) -- German automaker Volkswagen reported a 35.1-percent year-on-year decrease of car sales in China for the first quarter of 2020.
Volkswagen Group China and its three joint ventures in the country delivered 613,900 cars to both the Chinese mainland market and the market of the Hong Kong Special Administrative Region during the period.
Stephan Wollenstein, CEO of Volkswagen Group China, said the group is optimistic about a rapid recovery of China's auto market and looking forward to a return to normal in early summer.
The group's production has resumed to 75 percent of its normal level, with sales picking up week by week, Wollenstein said, noting that 2,000 Volkswagen dealerships in China had all resumed operations and are seeing customers on the showroom floors once again.
The company said its key investment plans in China remain unchanged and will be investing some 4 billion euros this year in e-mobility, digitalization and the R&D of new products. A brand-new pure electric model will be launched in the latter half of the year as scheduled. Enditem
A single purchase
