Industry dynamics

New Jetta helps FAW-Volkswagen accomplish annual target ahead of time

Publishtime:1970-01-01 08:00:00 Views:54

Shanghai December 9th ZXZC Recent years have witnessed great changes in Chinese passenger vehicle market. A-class vehicle market, possessing the largest market share, greatest competition and most models, has become a main battlefield for all auto giants.

Data shows that 18 A-class car models rank top 20 in terms of sales during the first ten months, showing the importance of A-class vehicles in car market. In 2015, China has an A-class vehicle market size of 10m units, containing about 100 brands. But the market is still undergoing continuous changes. Demands of changing new cars, shift of consumption structure, together with the popularization of young and sporting style, are creating a larger market size and consuming group.

FAW-Volkswagen receives an accumulative sale of 1.18m units this year, surpassing the whole of last year. It should be noticed that the car market recovers in the latter half of year, stimulated by the expected ending of halving purchasing policy in 2017. A-class market witnesses a growth of more than 20% in August, and continuous growths in October and November. Jetta has an accumulative sale of 327,600 units from January to November, only second by Lavida and Excelle in A-class market.

New Jetta’s launching responds to the quality-oriented, fashionable, economical, practical, and environmental consumption concept. Jetta’s high quality and continuous innovation has won a good reputation and consumers’ trust. New Jetta, the latest innovation for Jetta, equipping with FAW-Volkswagen EA211 series 1.5L engines, will keep the power take-off while reducing displacements.