VW brand boosts Feb. sales, loses share
Volkswagen brand sales in China rose 8 percent year-on-year to 169,900 units in February, maintaining the marque's status as China's top-selling brand despite losing market share.
For the same period, industry sales of passenger vehicles in China increased 18 percent.
In the first two months, VW brand sales in China and Hong Kong improved 12 percent to 437,700 units.
Volkswagen Group's other brands had mixed results in February: The Audi luxury brand's deliveries rose nearly 7 percent last month to 32,358 units in China, its largest global market. Porsche AG sales in February declined 11 percent in China to 2,387 units as Chinese demand for sports cars slackened. And the Czech value brand, Skoda, reported that February sales in China declined 20 percent to 14,300 units.
In the first two months, VW brand sales in China and Hong Kong improved 12 percent to 437,700 units.
Volkswagen Group's other brands had mixed results in February: The Audi luxury brand's deliveries rose nearly 7 percent last month to 32,358 units in China, its largest global market. Porsche AG sales in February declined 11 percent in China to 2,387 units as Chinese demand for sports cars slackened. And the Czech value brand, Skoda, reported that February sales in China declined 20 percent to 14,300 units.