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Volkswagen sold 910,000 vehicles in China, narrowing gap with GM

Tony From Gasgoo.com| January 11 , 2008 16:40 BJT
Shanghai. January 11 (Gasgoo.com) – Volkswagen has sold 910,491 vehicles in Chinese market in 2007, up 28 percent from the previous year’s 700,000, Volkswagen China announced yesterday.
 
In 2007, Volkswagen sold 780,784 units of VW-badge vehicles, including 9,067 imported VW vehicles, up 24 percent from one year earlier. Volkswagen also sold 101,996 units of Audi-badge vehicles, which includes 8,828 imported units, up 25 percent from one year earlier.
 
FAW-VW sold 459,359 vehicles in 2007, of which Jetta alone accounts for 43.49 percent of the total volume. Despite the rising sales, Jetta and Audi were also the main contributors to FAW-VW's profit gains.
 
Shanghai VW comes as the third biggest seller in Chinese market, which sold 436,343 vehicles in 2007. Four models, Passat, Santana, Santana 3000, Polo represent 91.07 percent of its total sales.
 
"VW is confident to sell one million vehicles in 2008,” said Dr. Winfried Vahland, President and CEO of Volkswagen China.

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