Saturday, November 12, 2016

ecns [expanded by feedex.net]: China remains main driver of Volkswagen sales growth

ecns [expanded by feedex.net]

ecns

China remains main driver of Volkswagen sales growth
http://www.ecns.cn/business/2016/11-12/233710.shtml
Nov 12th 2016, 14:04



Germany's largest automobile manufacturer Volkswagen on Friday reported that the Chinese market remained the main driver of the 1 percent growth in its worldwide passenger-vehicle deliveries in the first 10 months this year.
Over 2.4 million vehicles were handed over to customers in China from January to October, which represented an increase of 12.3 percent compared with the same period 2015, said the auto giant in its report.
Car sales in Chinese market saw an "impressive" growth of 19.1 percent in October alone.
As of October this year, the market in the world's second-largest economy contributed 94.3 percent of the entire Volkswagen passenger-car deliveries in the Asia-Pacific region, and 49.3 percent of the worldwide deliveries, which rose by 2 percent points and 5 percent points respectively compared with last year.
The automobile manufacturer amid the "diesel gate" scandal suffered remarkable decrease of its Volkswagen brand deliveries in Europe, North America and South America, by 1.4 percent, 4.9 percent and 30.7 percent respectively.
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