Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche

Automotive News China Newsletter
Register our free newsletter, sent each Monday and Thursday

     Automakers   Suppliers   Auto Show   Comment   Car Cutaway   Newsletters   Press Releases   Chinese Version   Register for Newsletter
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
Home >> Automaker Email this story   Print this story
 
VW brand sales slide in June as consumers await lower tariffs
Automotive News China | 2018/7/10

The Volkswagen brand abruptly lost steam in China last month with sales dipping 1.7 percent from a year earlier to 228,500, after healthy growth in the first five months.

The German brand blamed a cut in tariffs on imported vehicles for the slide in volume. 

China reduced tariffs on imported vehicles to 15 percent from 25 percent, effective July 1. Some Chinese consumers postponed purchases in June because of the expected tariff cut, the VW brand said.  

While VW assembles most of its car and light-truck lineup locally, the VW brand imports eight nameplates in China -- the Tiguan, Sharan, Touareg, Beetle, Variant, Golf, Multivan and Caravelle. In 2017, the VW brand sold roughly 53,000 imported vehicles in China.

In the first half of this year, the VW brandí»s China sales rose 6.3 percent year on year to 1,483,200. The brand didní»t reveal sales of imported vehicles for the period.

Related Stories
  • VW brand sales drop 3.1% in January for 8th straight decline
  •     --Published:2019/15/2
     
  • VW China CEO to join VW brand's management board
  •     --Published:2019/29/1
     
  • Inside VW's blueprint to meet Beijing's quotas for EV output
  •     --Published:2019/25/1
     
  • VW Group's 2018 deliveries edge up despite weak VW brand volume
  •     --Published:2019/15/1
     
  • VW, China spearhead $300 billion global drive to electrify cars
  •     --Published:2019/11/1
     
  • VW plans China venture for charging EVs
  •     --Published:2019/11/1
     
  • VW, bucking shrinking market, predicts gains in China
  •     --Published:2019/8/1
     
  • VW Group sales fall 4 straight months
  •     --Published:2018/18/12
     
  • VW brand skid hits 6 months
  •     --Published:2018/11/12
     
  • VW's Seat brand to develop electric car platform in China with JAC
  •     --Published:2018/30/11
     
  • VW Group sales dip 3rd straight month on weak VW, Skoda volume
  •     --Published:2018/23/11
     
  • VW CEO Diess will take responsibility for China business
  •     --Published:2018/20/11
     
  • VW brand deliveries fall for 5th straight month
  •     --Published:2018/13/11
     
  • VW to test automated cars equipped with Baidu software
  •     --Published:2018/6/11
     
     

    Our Newsletter Editions
    Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

    Select your newsletter     

     
     

    Automotive News China
    Room 1303, Building 2, Lane 99, South Hongcao Road,
    Shanghai 200233
    Telephone: 86-139-1851-5816
    Fax: 86-21-6495-0895
     
    Home | Help Center | About Us | Privacy Policy | RSS
    Entire contents © Crain Communications, Inc.
    Use of editorial content without permission is strictly prohibited. All Rights Reserved.
    ╗ŽICP▒Ş06057291║┼