Industry dynamics

FAW-VW to produce 9 new models in 2018

Publishtime:1970-01-01 08:00:00 Views:38

FAW-VW to produce 9 new models in 2018

Shanghai (ZXZC)- On January 11, 2018, Liu Yigong, chairman and general-manager of FAW-Volkswagen (FAW-VW) stated that 9 new models will be put into production in 2018. The automaker will focus on SUV area and challenge the annual sales target of 2,100,000 vehicles.

Last year, the total sales of Volkswagen and Audi (two brands of FAW-VW) firstly exceeded 2,000,000 units in history among which 1,405,088 units of FAW-VW’s Volkswagen brand were sold throughout 2017 and FAW-VW’s Audi brand delivered 595,288 units in 2017. Meanwhile, it produced more than 1,980,000 units last year and reached a cumulative production volume in history of nearly 15,000,000 units which all created new records.

Currently, FAW-VW already has seven plants of vehicles and components in Changchun of Jilin Province, Chengdu of Sichuan Province, Foshan of Guangdong Province and Qingdao of Shandong Province. In 2018, another 4 plants will go into operation, including Changchun Q plant, Tianjin plant and the second phase of Qingdao plant and Foshan plant. Once the above four plants are ready, the total annual production capacity of FAW-VW will be increased by over 1,000,000 units.

In 2018, Audi of FAW-VW will launch 3 new Chinese-made models such as Q2L and all-new Q5L. In addition, it will release 11 models of imported vehicles to China’s market. 

As to Volkswagen of FAW-VW, it plans to launch two new models of compact SUV T-Roc and Class A SUV this year. Besides, some modified vehicles like Arteon, new Bora and Golf Sportsvan will be put into market in 2018.