AutoBeta(AutoBeta.net)12/17 Report--

According to the latest retail sales statistics of the Federation of passengers, the cumulative sales of narrow passenger cars in China from January to November 2020 decreased by 8.3% to 17.002 million.

Due to the epidemic and the impact of the car market this year, FAW-Volkswagen sales fell sharply in the first half of the year. Thanks to state policy support and the strong recovery of the market in the second half of this year, FAW-Volkswagen retail sales reached 1.8702 million vehicles in the first 11 months of this year. 1.4% year-on-year growth exceeded the level of the same period last year.

It is understood that FAW-Volkswagen sold 2.1299 million vehicles in 2019, beating SAIC-Volkswagen to become the top seller of domestic automakers, of which Volkswagen brand sold 1.398 million vehicles, an increase of 0.5% over the same period last year. Thanks to the good performance of the market, FAW-Volkswagen has set a sales target of 2.325 million vehicles in 2020, of which the Volkswagen brand sales target is 1.425 million.

China has entered the winter peak sales period of the passenger car market in December, and the expiration of most policies to promote car sales fees will give a certain impetus to the car market in December. In other words, even under the influence of the epidemic and the market, FAW-Volkswagen is still expected to exceed the 2019 sales level, but it is almost impossible to achieve the 2020 sales target.

However, this year is a special year, FAW-Volkswagen still has a lot of confidence in the later development. Recently, Guo Yongfeng, general manager of FAW-Volkswagen sales Co., Ltd., said at the 2020 FAW-Volkswagen brand dealer partnership meeting that the Volkswagen brand plans to sell 1.45 million vehicles in 2021.

In the first 10 months of this year, FAW-Volkswagen brand sales totaled 977500 vehicles, down 13.42% from a year earlier, and is expected to sell between 125 and 1.3 million vehicles for the whole year. Affected by the epidemic and the market, Volkswagen brand sales have declined in double digits, but the lower sales base also means that FAW-Volkswagen will turn around in 2021. Considering the rebound of the passenger car market in February and March in 2021, as well as the launch of new domestic products, it is expected that FAW-Volkswagen brand sales will show a large growth in 2021, and it may not be difficult to achieve the sales target of 1.45 million vehicles.

The FAW-Volkswagen brand will usher in the product year in 2021, and it is planned to launch at least four models, including ID4.CROZZ, B-SMV, large-size ID.4 (VW316/7), medium-term modified Tanguo and other new models.

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