FAW-VW Gears Up in West China
As the sales champion of 2008, can FAW-VW Automobile Co., Ltd. continue its good performance in 2009?
The company will probably expand its distribution networks in the western Chinese market this year, revealed a top executive of FAW-Volkswagen Sales Co., Ltd., as the first-tier markets of the country have become mature, while customers in the western regions are able to afford FAW-VW Automobile's small cars like Jetta. The situation is just like what it was in the eastern market three to five years ago.
Although bullish on the western market, FAW-VW Automobile will not expand blindly. The company has delayed carrying out a production expansion plan for its Chengdu plant till 2011.
Besides, due to the bad economic situation, and depression in the automobile market, FAW-VW Automobile will only promote one new car model this year, namely, Golf A6. Lengthened Magotan, formerly due to be launched in 2009, will not be rolled out until a year later. As to compact crossover SUV Audi Q5, the car model will be put into production in a new assembly plant in the second half of this year.
A director of CSM Worldwide in the Greater China region predicts that FAW-VW Automobile is able to maintain a good growth in 2009, although the company will only promote Golf A6, since FAW-VW Automobile's strengths are veteran brand Jetta, and long-wheelbase Audi A4L, and Magotan that are equipped with direct shift gearbox (DSG) technology. CSM Worldwide is a leading provider of auto information services.
FAW-VW Automobile, the joint venture between China FAW Group Corporation (CFGC) and Volkswagen, gained sales of nearly 43,000 vehicles in January 2009, a good beginning for the whole year. The top executive mentioned above discloses that the company's cars were sold well during the Spring Festival. Currently, FAW-VW Automobile has very small stockpiles.
He predicts that the domestic market will keep growing in 2009, although the growth will be slow. What's more, auto giant General Motors Corporation (NYSE: GM) is discussing with CFGC over the setup of a light commercial vehicle venture, in an effort to share the Chinese market.
A notice of the State Administration for Industry and Commerce (SAIC) issued on January 20 has released the name of the venture, indicating that the cooperation between the two parties is making progress. Everything seems to indicate a good future for FAW-VW Automobile.
Views:0
Submit Your Requirements, We Are Always At Your Service.
- Qijiang Gears produces 6,738 transmissions in August 2011-08-22
- Hyva Expands Presence into Vietnam 2018-01-31
- Truck parts plant to expand 2008-12-22
- Foton, COSCO Shipping Move to Secure Capacity as China’s CV Exports Rise
- The 11th DISCOVERY TRUST Awards Successfully Held in Beijing, China
- Chinese Heavy Truck Makers Shift to Value-Driven Global Expansion
- Shandong Heavy Industry and Kazakhstan’s Karaganda Region Ink New Deal
- China’s Diesel Trucks are Shifting to Electric
- Indonesia’s State-led Firm Set to Purchase 320,000 Vehicles
- SANY Truck and Pony.ai to Mass-Produce Gen-4 Autonomous Trucks in 2026
- FOTON Boosts Local Manufacturing in South Africa
- Office Closure for National Day Holiday
- FORLAND Rolls Out Its 6.8 Millionth Vehicle
- China Heavy Truck Sales Fall to 73,600 Units in February
- China’s Medium-Duty Truck Sales Fall to 8,125 Units in February, 2026
- China’s February Light Truck Sales Fall 23% to 117,200 Units
- China’s Mini Truck Sales Rise 15% in February to 41,500 Units
- China’s Light Truck Market Rises 8% in January 2026 to 323,500 units
- China’s Pickup Sales Reach Five-Year January High as Market Momentum Builds
- Heavy Truck Sales Soar 46% to 105,400 Units in January 2026
- January Medium Truck Sales Hit 14,100, Up 33%
- China’s Truck Exports Top 1 Million Units for the First Time in 2025
- China Tractor Truck Sales Up 54% in Dec., 2025 Full-Year Sales 460,000 Units
