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September 17, 2019 06:29 AM

VW widens China lead over GM

Yang Jian
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    VW cars.jpg

    China sales at Volkswagen Group, the country’s largest carmaker, dipped in August after a mild rebound the previous two months. 

    Yet the German group continues to outperform General Motors, the second-largest car manufacturer, as the Detroit automaker posted another double-digit decline in volume. 

    VW Group said its China sales decreased 3.2 percent to 341,100 in August. 

    Audi deliveries gained 2 percent to 58,580. Sales at the German auto giant’s other brands haven’t been disclosed. 

    GM only discloses quarterly China sales. But according to local partner SAIC Motor Corp., combined deliveries at its two joint ventures with GM slipped 14 percent to 260,770 last month. 

    August sales at SAIC-GM dropped 16 percent to 133,770 while deliveries at SAIC-GM-Wuling declined 12 percent to 127,000. 

    SAIC-GM produces and markets cars for the Cadillac, Buick and Chevrolet brands while SAIC-GM-Wuling builds and distributes light vehicles for the Baojun entry-level marque and Wuling mini buses. 

    Through August, VW Group’s China sales dropped 3.2 percent to 2,571,100, while aggregate deliveries at GM’s two partnerships slumped 20 percent to 2,059,628.

    During the period, sales at SAIC-GM fell 14 percent to 1,079,416 while deliveries at SAIC-GM-Wuling plunged 26 percent to 980,212. 

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