Volkswagen continues to dominate GM in China

Volkswagen continues to dominate GM in China

Volkswagen continues to dominate GM in China

17 September 2019


In August sales Volkswagen Group in China fell substantially, but remained higher than GM


author

Alexander Klimov, photos Volkswagen


Sales in China Volkswagen Group, the biggest automaker of the country, fell in August after a slight recovery in the previous two months.
So, VW Group said its sales in China in August decreased by 3.2% to 341.1 thousand Deliveries of cars of the Audi brand rose 2% to 58,58 thousand Sales other German brands were not disclosed.

However, the German VW group continues to outstrip General Motors, the second largest car manufacturer in China, as the automaker from Detroit made a double-digit decrease in sales.

Although GM only provides quarterly volumes of sales in China, but according to a local partner SAIC Motor Corp. the total supply from two joint ventures with American automakers fell last month by 14% to 260,77 thousand So, the August sales of SAIC-GM fell 16% to 133,77 million, while deliveries of SAIC-GM-Wuling decreased by 12% to 127 thousand.
JV SAIC-GM produces and sells cars of the brands Cadillac, Buick and Chevrolet, while the JV SAIC-GM-Wuling manufactures and sells budget passenger car brand Baojun, and Wuling brand minivans.

In January-August sales of VW Group in China were down 3.2% to 2 571,1 million, while total shipments to two U.S.-Chinese joint venture with GM fell 20% to 2 059,6 million For the same period, with YTD sales of the joint venture SAIC-GM fell by 14% to 1 079,4 thousand, while the supply of venture SAIC-GM-Wuling fell by 26% to 980,2 thousand

PS Happiness of the Volkswagen Group in that it does not import into the Chinese market models American sborki as its German competitors BMW and Mercedes-Benz, and that sales fell even more. However, the future of VW group in China is associated, rather, with the latest model of electric car ID.3 and, in General, "the train" platform MEB.



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