Volkswagen has recently said its sales in the Chinese market, including Hong Kong and Macao, grew 12.5% in 2008 to 1.024 million vehicles. The figure exceeded the target of 1 million and the growth rate was the fastest of all Volkswagen markets in the world, xinhuanet.com reported.
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Volkswagen AG said it is planning to develop more vehicles such as the Lavida in line with Chinese tastes in future, Automotive News China reported last week.
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Volkswagen is showcasing its most powerful Passat R36 during the Guangzhou Auto Show, cheshi.net said.
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Volkswagen (VW) will introduce clean-energy car to China, said Klaus-Dieter Schadewald, COO of Volkswagen Import Co., to autosina.net on November, 15.
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Volkswagen AG's joint venture in China will launch revamped Jetta car and six-generation Golf in the local market, the Beijing Morning Post reported Wednesday.
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On October 30, the signing ceremony of FAW-VW Chengdu project was held in Chengdu, which maps out FAW’s strategy of expanding its market to western areas with Chengdu as the center, West China City Daily said today.
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At the upcoming 2008 Guangzhou auto show to be held in later November, Volkswagen AG will display its new Passat CC, Passat R36 and Scirocco sport coupe. The three VW models will be imported for sale in China soon after the show, said xinhuanet.com today.
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After a six-month warm-up, the new Bora, FAW-VW's all-new A-Class sedan, was finally launched onto the Chinese market on October 20, said xinhuanet.com today. The New Bora comes in eight 1.6L and 2.0L models, priced between 107,800 yuan ($15,800) and 143,800 yuan.
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German auto giant Volkswagen is well on the way to selling one million vehicles this year in China, said an executive of VW China on Tuesday when the company presented Volkswagen and Skoda cars as gifts to 15 Chinese Olympic champions, reported xinhuanet.com yesterday.
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FAW-VW and Changan Ford Mazda,Volkswagen and Ford's respective joint venture in China, have cut the price of some of their models sold in China, leading a new round of price war amid overall market downturns, the state-run Xinhua news agency reported.
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The second plant of FAW-Volkswagen (FAW-VW) has began cutting jobs and the production of the already high-stockpiled Magoton and Sagitar cars to give way to the upcoming New Bora model, reported Beijing Times today.
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