Volkswagen China sales up 39% in first nine months of 2010

Volkswagen China and its joint ventures sold 1.5m vehicles in first nine months of this year.

Volkswagen China and its two joint ventures, Shanghai Volkswagen and FAW-Volkswagen, have reported sales of 1,476,200 vehicles in the first nine months of 2010, an increase of 39%% compared with the sales over the same period a year ago.

The company delivered 1,476,200 cars from January to September to customers in mainland China, Hong Kong and Macau, compared to 1,062,000 cars sold during the same period last year.

The Bentley and Lamborghini registered sales of 653 and 179 vehicles respectively.

The sales volume of the Volkswagen brand amounted to 1,166,000 units, an increase of 33.8%, including 33,000 imported vehicles.

Volkswagen China president and CEO Karl-Thomas Neumann said that the company will continue to introduce affordable models to the Chinese market and will also set new standards for E-Mobility in the near future.

"Our investments of about €6bn in new plants and new models from this year until the end of 2012 are not only reflecting a huge increase of our capacity, this commitment is also showing our support for China's green future," Neumann said.