AutoBeta(AutoBeta.net)02/20 Report--

Volkswagen Group continued to win the top spot in global car sales with 1083 in 2018, but Volkswagen also faced great challenges in global sales performance due to the decline in sales in China and other reasons. Recently, Volkswagen Group released global sales figures for January, which showed that global sales for the month were about 882000 vehicles, down 1.8 per cent from a year earlier. Sales in china, the world's largest single market, fell 2.9 per cent from a year earlier to 387300 vehicles. Volkswagen believes that the Chinese market will still pose special challenges to us in the first few months of this year.

Region-specific sales, Volkswagen Group sold 334000 vehicles in Europe in January, up 0.5 per cent from a year earlier, with about 99000 vehicles delivered in its headquarters in Germany, up 0.7 per cent from a year earlier. Sales in North America fell 5.2 per cent from a year earlier to 64000 in January, while total sales in South America were about 46000, down 4.9 per cent from a year earlier.

Volkswagen Group also fell in the Asia-Pacific region, where total sales in January were 408000 vehicles, down 3.1% from a year earlier. China, Volkswagen's largest single market, saw sales fall 2.9% in January from a year earlier to 387000 vehicles, continuing the decline. The Chinese market accounts for 44 per cent of Volkswagen's global sales, and Volkswagen is not immune to a decline in sales in the region.

Christian Dahlheim, sales director of Volkswagen Group, said: "Volkswagen Group has achieved good sales performance and stable trading volume at the beginning of the new year." The global auto market is weak, but Volkswagen still occupies a certain market share, which proves that we have made a good start and demonstrated the brand and product advantages of Volkswagen Group. This year's unstable geopolitics coupled with economic risks in individual markets will affect the group's business. I think the Chinese market and Brexit will pose special challenges for us, especially in the first few months of this year. "

Volkswagen Group's global delivery of new cars reached 10.834 million in 2018, a slight increase of 0.9% over the same period last year, continuing to set a record in the group's annual sales history and continue to win the top spot in global sales.

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