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Volkswagen Group China logo used from 2007-2023. Volkswagen Group China (VGC; Chinese: 大众汽车集团（中国）) is the Chinese subsidiary of the German automotive concern Volkswagen Group in the People's Republic of China. Volkswagen Group China used to sell around 3 million cars (as of 2017) in the Chinese market [4] and until recently ...
Volkswagen's China share dropped from 19% in 2019 to 14.5% last year. It has notched modest sales growth in the U.S. but will need to supercharge that to meet its market-share target.
About 21.7 million new vehicles were sold in China last year, per the China Passenger Car Association figures, compared with about 15.6 million in the US and 10.5 million in Europe.
FAW-Volkswagen Automobile Co., Ltd. is a joint venture between FAW Group and Volkswagen Group which manufactures Audi and Volkswagen marque passenger cars for sale in China. [1] It was founded on 6 February 1991. FAW-VW is headquartered in the south-western fringes of Changchun, Jilin Province, where it also has two vehicle assembly plants.
VW had long been China’s best-selling automotive brand, but last year it was overtaken by Chinese rival BYD, which sells both EVs and plug-in hybrids but no longer produces traditional cars.
The new Volkswagen Bora is available in the Chinese car market in September 2018 with prices starting from around 115,000 yuan. [ 6 ] The powertrain of the fourth generation Bora is equipped with a 1.4 liter turbo inline-4 engine developing 150hp (110kW) and 250 N·m or a 1.5 liter engine developing 115hp and 150N·m.
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