Volkswagen Group has said that it will launch five new models in China this year and that it plans to achieve sales of 600,000 units in China this year. It has also issued 2002 full year sales data for its Chinese operations.
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The five models being introduced this year are the Volkswagen Gol, the notchback Polo, the Touran (Golf-based compact MPV), the Golf and the Audi A4.
Shanghai Volkswagen – the Chinese market leader and manufacturer of the Santana – will be responsible for manufacturing the Gol, notchback Polo and Touran, while First Auto Works (FAW) will produces the VW Golf and the Audi A4.
Volkswagen is expecting continued high rates of growth on China’s automobile market. Its goal for this year is to sell 600,000 vehicles in China, with an annual sales target of one million automobiles by 2007.
In 2002, the Volkswagen Group achieved vehicle sales in China totalling 513,000 units – 42.8 percent up against 2001 (359,000) – and was the market leader. The Chinese market is now the second-largest national market for Volkswagen.
Shanghai Volkswagen (SVW) last year increased its delivery output by 32.3 percent to 302,000 units (228,000 in 2001), with all the models in the range manufactured in Shanghai (including the Santana, the Passat and the Polo introduced last year) contributing to the total.
Sales by FAW Volkswagen, Changchun, were up by 62.3 percent in 2002 to a record 208,000 vehicles (128,000 in 2001), with each of the models produced there (Jetta, Bora and Audi A6) seeing increased output.
