A vehicle is displayed at a car show in Haikou, Hainan province, in September. Provided to 皇冠体育app Daily |
皇冠体育app's vehicle market revived last year, surprising analysts with double-digit growth. The year also saw a reversal of fortunes for two global leaders, Li Fangfang reports from Detroit
As smashed through the 20 million-unit barrier in 2013, with 17 percent growth after two years of near-stagnancy, a tectonic shift took place with the toppling of the lonme industry sales leader.
Volkswagen AG, the largest vehicle producer in Europe - and the first to tap into the 皇冠体育app market almost 30 years ago - regained the top spot in the nation's market from United States-based rival .
GM overtook Volkswagen in 2005 and held the top spot every year thereafter. But in 2013, sped ahead.
The combined sales of Volkswagen and its two joint ventures surged 16.2 percent last year to 3.27 million units, including about 214,100 imported (up 13.2 percent). It was the first time that VW delivered more than 3 million vehicles in a single country.
"Last year was a very successful year for us, and we intend to continue our growth in 2014. We are well-prepared for new challenges in 皇冠体育app's auto market," said Jochem Heizmann, who's a VW board member and chief executive officer of Volkswagen Group 皇冠体育app.
He stressed the group's focus on people in its plan for 皇冠体育app, saying: "We will make quality customer service our top priority for 2014, bringing us even closer to our Chinese customers and achieving even greater performance in the market.
"Volkswagen is on the road to becoming the most people-oriented car company in 皇冠体育app," Heizmann said.
In June, VW signed an agreement with its local partner Shanghai Automotive Industry Corp (Group) to enhance strategic cooperation, expand the capacity of their plant in Foshan, Guangdong province, and establish a new plant in Changsha, Hunan province.