Industry dynamics

FAW-VW sells 220,000 units in September

Publishtime:1970-01-01 08:00:00 Views:33

Shanghai (ZXZC)- FAW-Volkswagen (FAW-VW) announced that its wholesales in September exceeded 200,000 units. 

FAW-VW sells 220,000 units in September

(Photo source: FAW-VW WeChat account)

The VW brand sold around 143,000 units, a year-on-year growth of 11.1% and a month-on-month one of 18.2%. The Audi brand boasted a month-on-month increase of 12.4% with the sales volume of nearly 66,000 units. Of that, the Audi A4L, A6L and Q5L were main contributors. The Jetta sub-brand achieved 130% of its set sales goal with 11,000 units sold.

What’s worth mentioning, the Jetta’s two all-new models the VS5 and the VA3 just hit the market on Sept. 5 at the Chengdu Auto Show and on Sept. 16 respectively.           

Since there are only three months left in 2019, the competition of annual sales among automakers becomes fiercer. In August, FAW-VW, with 176,000 units sold (including the Audi) ranked first among China’s PV automakers while VW’s another joint venture in China, SAIC-VW is the second with 151,000 sold (including the Skoda).  

With increasing pressure facing the industry, Volkswagen Group is making great efforts to conduct a multi-level deployment and adjustment to maintain its position as the world auto sales champion. For instance, it released an all-new brand logo in Sept. and accelerates the transformation in the electrification field.

In August, VW’s sales volume of 341,100 units in the Chinese market slid by 3.2%. Next, the announcement of SAIC VW’s sales performance in Sept. will show whether VW can reverse the downward trend.