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SAIC Volkswagen expects June and July car sales in China to increase year-on-year

SAIC Volkswagen, a China-based joint venture automaker formed by Volkswagen and China-based automaker SAIC Motor, will begin selling vehicles in the Chinese market in June and July 2022, according to China. Year-on-year increases of 94% and 85%, respectively. Media coverage based on.

Volkswagen established FAW-Volkswagen in China, a joint venture with China’s First Automobile Works Group.

SAIC Volkswagen sold 129,600 vehicles in the Chinese market in July, an increase of 85% year-on-year, and 704,300 vehicles from January to July, an increase of 16.91% year-on-year.

In the Chinese market, SAIC Volkswagen sold 2.06 million units in 2018 and 2 million units in 2019, but it will drop sharply to 1.51 million units in 2020 and 1.24 million units in 2021. are in great shortage worldwide. From 2020.

Due to the COVID19 lockdown in Shanghai, SAIC Volkswagen temporarily suspended vehicle production for more than half a month in April 2022. As a result, the company’s April and May car sales fell 40.3% and 21%, respectively, year-over-year.

SAIC Volkswagen’s car sales soared 94% year-on-year in June as supply chain makers resumed normal production after lockdowns.

SAIC Volkswagen launched six models of the New Lavida sedan at the end of June, priced between RMB 121,000 and 151,000 (USD 17,910 and USD 22,350).



https://www.digitimes.com/news/a20220810PD202/china-volkswagen.html?chid=13 SAIC Volkswagen expects June and July car sales in China to increase year-on-year

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