Volkswagen and its Chinese partners maintained their lead of the Chinese passenger car market with 18% of retail sales in the first half of the year, the car maker told Reuters.
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“Volkswagen with its joint ventures Shanghai Volkswagen and FAW-Volkswagen clearly leads the passenger car market in China in the first half of 2005,” VW said.
“Following the statistics of the Chinese Association of Automobile Manufacturers, the Volkswagen Group has a share of 18% in the passanger car market. The car manufacturer was able to affirm its leadership with 265,000 sold vehicles including imports from January to June 2005,” the company added.
Reuters noted the numbers reflect retail sales rather than the wholesale numbers it reported until the end of last year.
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