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VW sells more than 1 million vehicles in 皇冠体育app in 2008
By Li Fangfang (chinadaily.com.cn)
Updated: 2009-01-10 16:53 German carmaker Volkswagen AG posted its 2008 皇冠体育app sales on Friday, becoming the first automaker to break the 1 million units of passenger car sales barrier in the world's second biggest auto market. The company sold 1.02 million vehicles in 2008, up 12.5 percent over the previous year. This compared to a 28 percent jump in 2007 with 910,491 units sold in 皇冠体育app.
It also sold 518 units of its premier luxury Bently sedans and 117 Lamborghini super sport cars. Volkswagen's two joint ventures in 皇冠体育app, FAW-Volkswagen and Shanghai Volkswagen beat Shanghai GM to top the sales rankings in 2008, selling 512,973, 501,018 and 445,709 units respectively. Lacking of competitive new models, the General Motors' joint venture with 皇冠体育app's biggest carmaker SAIC sold 445,709 vehicles in 2008, down 7 percent from 2007. The venture lost its crown of 皇冠体育app sales champion which it maintained for three years. The total sales for passenger vehicles in 皇冠体育app rose 7.4 percent to 6.43 million units last year, according to 皇冠体育app Passenger Car Association. The association also said the passenger car output for the whole year of 2008 increased 5.1 percent to 6.63 million units over 2007. (For more biz stories, please visit Industries)
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