BUSINESS Volkswagen reports strong rebound in China sales in February

BUSINESS

Volkswagen reports strong rebound in China sales in February

Xinhua

13:28, March 15, 2021

In February, the Volkswagen Group delivered 226,500 vehicles to China, 272 percent more than a year earlier, Germany's largest carmaker said on Friday.

In February, the Volkswagen Group delivered 226,500 vehicles to China. [Photo by ZHANG DANDAN/CHINA DAILY]

Volkswagen's deliveries to China, which were already affected by the COVID-19 pandemic last February, exceeded the company's sales to all other major economies and the Asian country remained Volkswagen's biggest single market.

Between January and February, Volkswagen's deliveries to China were up almost 60 percent year-on-year. All other markets saw a decline or single-digit growth only, according to Volkswagen.

Volkswagen also recorded a 19.3 percent increase in global deliveries year-on-year, totaling 651,600 vehicles in February.

At the same time, sales in western Europe in February fell by 21.3 percent, as important markets, including the domestic German market, still struggle with the ongoing COVID-19 lockdowns and related restrictions.

In North America, Germany's largest carmaker recorded a slight 6.3 percent decline in sales, with 66,300 vehicle deliveries in February.

The Volkswagen Group's sports car brand Porsche and its luxury brand Audi performed the best and increased their total deliveries in February by 33.3 percent and 31.1 percent, respectively, year-on-year.

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