The FINANCIAL — Volkswagen Group China on July 19 announced deliveries results for the first half of 2017, which includes a record in June.
Together with its two Chinese Joint Ventures, SAIC VOLKSWAGEN and FAW-Volkswagen, the Group delivered 315,300 (299,800,+5.2percent) vehicles in the Chinese mainland and Hong Kongin June, the highest on record for this month. For the first half, nearly 1.83 million vehicles, including over 88,400 imported vehicles,were handed to customers, with second quarter deliveries showing a solid growth trend. “After the market’s slow start to the year, we are seeing sustainable growth in recent months. That’s been reflected in good results across all the group’s brands in June,” said Prof. Dr. Jochem Heizmann, Member of the Board of Management of Volkswagen Aktiengesellschaft as well as President and CEO of Volkswagen Group China.
“We continue to focus on exciting Chinese customers by transforming our core business, with the ongoing roll-out of our SUV offensive, first localized Plug-in Hybrids and important new partnerships in the areas of digitalization, connectivity and e-mobility. Recent cooperation agreements with JAC in battery electric vehicles, Mobvoi in artificial intelligence and with charging providers show we are making good progress towards a sustainable future as a comprehensive provider of people centered mobility solutions and we are determined to continue on that course,”Prof. Dr. Heizmann said.
The combined efforts of our joint ventures FAW-Volkswagen and SAIC VOLKSWAGEN, together with Volkswagen Import, once again made Volkswagen Brand the clear number one choice for Chinese car buyers, delivering a first-half record of almost 1.40 million vehicles in the Chinese mainland and Hong Kong. With growth of 5.4 percent compared to last year, June was the best month year-to-date. Significantly, new crossover and SUV models, like the C-TREK and Teramont, have been well received by Chinese customers, while first-half deliveries of the Tiguan family rose 39 percent and, among sedans, Magotan sales were up 33 percent, according to Volkswagen Group.
Audi brand’s deliveries for the first halfin Chinese mainland and Hong Kong totaled 254,800 (290,100; -12.2percent) vehicles. Last month, Audi’s sales continued to recover, consolidating the trend which had begun at the end of May with the agreement on the future collaboration between Audi and its local partners. With 51,900 cars delivered, the Four Rings achieved 1.7 percent growth year-on-year and the highest June sales figure in Audi’s history in the market.
ŠKODA brand delivered 134,000 (145,800; -8.1 percent) vehicles in the first half, including over 23,500 in June, a year-on-year increase of 5.3 percent. The ŠKODA KODIAQ was launched on the market in late April. The OCTAVIA COMBI will be added to the model line in the second half of this year.
Among the luxury brands, Porsche continued its strong growth this year, delivering almost 35,900 vehicles to customers in the first half, up 17.8 percent over the same period last year.
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