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VW says 2009 Chinese sales hit record 1.4 million cars
Frankfurt (AFP) Jan 7, 2010 The biggest European carmaker, Volkswagen, said on Thursday that Chinese sales hit a record 1.4 million vehicles in 2009 in what is now its most important market. The figure represented a leap of 36.7 percent from the 2008 figure of 1.02 million, a statement said, adding that "2009 has been an extraordinary year. "The automotive market went beyond everybody's expectations," it said. The group sold 1.12 million VW brand cars in China, along with nearly 159,000 high-end Audi models and 122,500 less expensive Skodas. "We are full of confidence for 2010 (and) expecting a growth rate of 10 to 15 percent for the total automotive market in China," said Winfried Vahland, president and chief executive of Volkswagen Group China. Last year, VW also sold 600 so-called supercars in China, including 484 Bentleys and 118 Lamborghinis. VW owns 10 brands in all, including its most recently acquired one, Porsche. The group plans to launch seven new locally-produced models in China this year, and invest more than four billion euros there in the next three years, the statement said. But VW still trails the US group General Motors, which said Chinese sales leapt by 66.9 percent in 2009 to 1.82 million vehicles. China is now the biggest auto market in the world, having surpassed the United States.
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GM China reports record sales in 2009Shanghai (AFP) Jan 4, 2010 US auto giant General Motors said Monday it had sold a record 1.83 million vehicles in China last year, and expressed optimism for even better results in the year to come. The results marked a 66.9 percent sales jump year-on-year. GM's market share was up 1.3 percentage points to an estimated 13.4 percent, thanks to strong sales of Buick, Chevrolet and Wuling vehicles, the company said i ... read more |
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