VW Group gains share despite extended sales dip
http://www.autonewschina.com/en/article.asp?id=18980|May 22 , 2019
VW Group gains share despite extended sales dip
Automotive News China | 2019/5/21
Volkswagen Group, the largest automaker in China, continues to outperform the overall new light-vehicle market despite the group's extended sales decline.
In April, VW’s groupwide deliveries dropped 9.6 percent to 302,600. Yet, it gained market share as overall new light-vehicle demand nosedived nearly 18 percent to below 1.6 million in the month.
April sales at the VW brand dipped 6.5 percent to 231,400 while Audi deliveries slumped 12 percent to 46,364. Skoda sales shrank 41 percent to 16,600.
In the first four months, VW Group delivered 1,249,200 light vehicles in China, a decrease of 7.1 percent from the same period last year.
By contrast, General Motors has lost market share in China this year.
GM does not divulge monthly sales in China. But according to its local partner SAIC Motor Corp., the Detroit automaker’s two joint ventures suffered steep declines in April volume.
Combined April sales at SAIC-GM and SAIC-GM-Wuling fell 29 percent to 231,204. Through April, aggregate deliveries of the two partnerships slumped 22 percent to 1,087,144.
SAIC-GM produces and markets Cadillac, Buick and Chevrolet cars and light trucks while SAIC-GM-Wuling builds and distributes cars for the entry-level Baojun brand and minibuses for the Wuling marque.
