On April 17, Volkswagen Group (China) announced sales in the first quarter of 2017. The data shows that Volkswagen Group (China) and two joint ventures - SAIC Volkswagen and FAW - Volkswagen delivered 891,500 vehicles in China and Hong Kong (delivered 955,500 units in the same period last year, down 6.7 year-on-year) %), of which 41,400 imported models were delivered.
"Prof. Dr. Jochem Heizmann", member of the management board of Volkswagen Group and president and CEO of Volkswagen Group (China), said: "After experiencing record sales growth in 2016, the Group's sales in early 2017 were affected by many factors. The impact of these factors includes: the increase in small-displacement vehicle purchase tax and the expansion of the Group's SUV models. Volkswagen Group (China) will launch 30 new models this year and will be fully deployed in the fast-growing SUV market. SUV products. Therefore, we expect 2017 annual deliveries to be consistent with the overall market growth rate, reaching 4% to 5%."
“Volkswagen Group (China) will continue to provide quality and safe products to Chinese customers, fully satisfying the needs of every consumer and bringing them an exciting consumer experience. At the same time, we will continue to promote new energy vehicles. The implementation of the strategy is constantly seeking to establish new partnerships to promote the Group's transformation to a people-oriented sustainable mobile travel solution provider,†said Professor Heizman.
Despite the tough situation in January, the Volkswagen brand resumed its growth momentum in February and March. In the first quarter, a total of 695,600 vehicles were delivered to customers in mainland China and Hong Kong (down of 722,800 units delivered in the same period last year, down 3.8% year-on-year). Among them, the sales of the new Tiguan L helped the Tiguan series to achieve a 25% increase in the first quarter. In addition, the launch of the full-size SUV Teramont has further improved the product layout of the Volkswagen brand in the SUV market.
In the first quarter of 2017, the Audi brand delivered 108,700 vehicles to customers in mainland China and Hong Kong (down 139,500 units in the same period in 2016, down 22.1% year-on-year), which was mainly affected by a number of temporary factors. The Chinese market is the largest single market in the world for the Audi brand. Currently, the Audi brand is working with domestic partners to discuss the next phase of sales growth plans. At the same time, as a luxury car brand, Audi also plans to establish a second joint venture with SAIC to cover more potential markets. For the above-mentioned plans and measures, Audi brand and FAW Group are engaged in constructive dialogue with domestic distributor partners, aiming to further take measures to achieve sustainable and profitable development of Audi's partners in China.
Skoda Auto delivered 66,800 vehicles in the first quarter (75,400 units delivered in the same period last year, down 11.4% year-on-year). Among them, a total of 21,800 vehicles were delivered in March. With the launch of Skoda's automotive product offensive, including the launch of the SUV model Kodiak, it is expected that its car delivery will be stable in the second quarter.
In the luxury sports car segment, Porsche performed well in the first quarter, delivering a total of 18,100 vehicles (16,400 units delivered in the same period last year), a year-on-year increase of 10.5%.
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