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 deliveries slide for 3rd month in a row
Automotive News China | 2018/9/14

Volkswagen brand¡¯s China deliveries declined for the third consecutive month in August, with volume falling 3.2 percent year on year to 256,800. The German marque blamed the decrease on China¡¯s steep tariff reduction on imported vehicles. 

¡°The reason for the decrease in China was changes in customs duties on vehicles, which led to customers throughout the auto market adopting a wait-and-see approach,¡± VW brand said.

On July 1, Chinese customs slashed duties on imported vehicles to 15 percent from 25 percent. The steep cut in tariffs allows consumers to give more weight to imports when shopping for new vehicles.

Through August, VW brand¡¯s China sales rose 3.8 percent from a year earlier to 1,963,500. 

VW is the largest car brand in China. Despite its weak sales in recent months, the marque still gained local market share. 

Last month, China¡¯s new light-vehicle sales dropped 4.6 percent year on year to nearly 1.8 million vehicles. 

For the first eight months, new light-vehicle sales in China increased 2.6 percent to approach 15.2 million.

Related Stories
  • VW Group sales slide 0.3% in August
  •     --Published:2018/18/9
     
  • VW Group launches Audi and VW crossover, SUV output in Tianjin
  •     --Published:2018/4/9
     
  • VW Group sales flat in July
  •     --Published:2018/21/8
     
  • VW brand deliveries dip again as consumers delay purchases over lower tariffs
  •     --Published:2018/14/8
     
  • VW Group posts sales dip as shoppers await cut in tariffs
  •     --Published:2018/20/7
     
  • BMW, VW win Beijing's green light to gain control of China joint ventures
  •     --Published:2018/20/7
     
  • VW, FAW partner on e-mobility, autonomous driving
  •     --Published:2018/13/7
     
  • VW to build EVs for Seat brand at JV with JAC
  •     --Published:2018/13/7
     
  • VW brand sales slide in June as consumers await lower tariffs
  •     --Published:2018/10/7
     
  • Audi set to produce at SAIC VW after buying 1% stake in venture
  •     --Published:2018/29/6
     
  • VW Group doubles capacity of South China plant
  •     --Published:2018/26/6
     
  • VW Group hands over regional responsibility to brands
  •     --Published:2018/26/6
     
  • VW Group sales rise 6.6% in May on gains at Skoda, Audi
  •     --Published:2018/19/6
       
     
     

    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.
    »¦ICP±¸06057291ºÅ