China v. Germany: Who builds more VWs?
Posted By RichC on August 19, 2008
Automotive sales and production worldwide has slowed a bit this year as economies slow, but the production of Volkswagen vehicles in China continues to grow. According to Automotive News, sales are up 23.2% for vehicles build in the communist country, with over one-half million vehicles produced. This number move very close to VW’s production in Germany and actually trails in number of vehicles built by a mere 3,000. If production continues at this grow pace, China will be the largest producer of VWs in the world … perhaps by year end?
Volkswagen cars currently have nearly 20 percent of the market in China and with the introduction of up to 14 new models in the next 2 years, should continue to dominate. VW executives expect the Chinese market for their vehicles will grow from 5.6 million units to 10.3 million over the next 10 years, proving once again that China is a major economic producer and consumer in this 21st century.
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