/ Industry, News, Volkswagen / VW Will Not Increase Exports to China to Make Up for Loss in Europe

VW Will Not Increase Exports to China to Make Up for Loss in Europe

Linked In Share
VW Will Not Increase Exports to China to Make Up for Loss in Europe

Volkswagen announced it will not increase exports to China to make up for the loss in Europe.

Recent media reports have been saying that VW plans to increase exports to China to be able to lessen pressure on its European dealerships, which have seen sales barely increase so far this year. Brand Management Director Paul Hu. Mr. Hu denied these reports saying that VW usually decides its sales and production plans a year in advance, therefore it is impossible to suddenly decide to increase exports to China.

“China is not like a sponge that can take in water at any time,” he commented.

He also added that any decisions to increase export volume will have to firs analyze product competitiveness and market conditions. Until now VW has been able to maintain steady growth in China, with sales in the country up 42% during the first ten month of the year to 57,000 vehicles. Mr. Hu also said that the automaker will not introduce a great deal of new models in 2013 as it did in recent years, but it will introduce 15 special and limited edition models.

Volkswagen reported in September its best USA posted sales results for this month since 1972, with a total of 36,339 units sold, accounting for a 34.4 percent increase over September 2011.

by Ana Cezara Savin (my Google+) - Friday, November 16th, 2012 - filed under Industry, News, Volkswagen. Image credit: .
Linked In Share
Related Articles
china exports european loss vw


Discuss: VW Will Not Increase Exports to China to Make Up for Loss in Europe

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

2015 Ford Mondeo arrives in Romania – short test drive inside
2015 Ford Mondeo arrives in Romania – short test drive insideFord Romania has introduced the fifth generation of the Mondeo in Europe, over a 2-day event which has gotten us, automotive ...
Ricciardo pace ‘a factor’ in Vettel exit – Horner
Ricciardo pace ‘a factor’ in Vettel exit – HornerDec.20 (GMM/Inautonews.com) Daniel Ricciardo's surprising pace was "probably a factor" in the decision taken by Sebastian Vettel ...
Ecclestone determined to change 2016 engine rules
Ecclestone determined to change 2016 engine rulesDec.20 (GMM/Inautonews.com) Bernie Ecclestone has confirmed reports he remains determined to shake up F1's engine rules. We ...
De la Rosa leaves Ferrari, Vergne signs up
De la Rosa leaves Ferrari, Vergne signs upDec.20 (GMM/Inautonews.com) Ferrari has confirmed speculation Pedro de la Rosa is vacating his test-driver post. It was ...
2016 CT6 Cadillac gets streaming rearview technology
2016 CT6 Cadillac gets streaming rearview technologyThe streaming video rearview technology will expand the driver’s vision in the upcoming 2016 CT6, eliminating any rear seat, ...
US: Ally gets out of 6 years bailout
US: Ally gets out of 6 years bailoutAlly Financial Inc. stated that it would finally resolve its bailout after the U.S. government will sell the last $1.25 billion ...
Daimler puts aside €600 million for EU antitrust investigation
Daimler puts aside €600 million for EU antitrust investigationThe Germany-based company, Daimler, stated on Thursday it is putting aside 600 million euros to cover any potential costs that ...
Renault-Nissan and AvtoVAZ merge into Russia’s biggest auto parts buyer
Renault-Nissan and AvtoVAZ merge into Russia’s biggest auto parts buyerAvtoVAZ and the Renault-Nissan alliance will come together in terms of purchasing activities in Russia. The merged unit will now ...
Report – Volkswagen will meet its 2017 cost-cutting goal
Report – Volkswagen will meet its 2017 cost-cutting goalVolkswagen CEO, Martin Winkerton, has said according to a source that the carmaker is on the right track to reach its goal of ...
GM’s bankrupt predecessor helps customers get the $10 billion compensation
GM’s bankrupt predecessor helps customers get the $10 billion compensationGeneral Motors customers gained a new friend in their run for the compensation worth $10 billion. The automaker’s bankrupt ...
F1 to have new engine rules in 2016 – report
F1 to have new engine rules in 2016 – reportDec.19 (GMM/Inautonews.com) F1 is now speeding towards yet another new set of engine regulations. On Thursday at a Geneva ...
GM and Jaguar Land Rover stopped deliveries to Russia
GM and Jaguar Land Rover stopped deliveries to RussiaIn response to the slide in the rouble’s value, automakers, General Motors and Jaguar Land Rover included, decided to stop ...
Uber wants to patent its gouging prices
Uber wants to patent its gouging pricesWhile critics accuse Uber of price gouging over the high fees asked in Sydney for the people who were fleeing a hostage crisis, ...
Ford closes Genk Plant in Belgium
Ford closes Genk Plant in BelgiumWith a production of around 14 million cars over the past 50 years, Ford shut the doors of its plant in Genk, Belgium just a day ...
Price of U.S. gas reaches under $2.50 a gallon
Price of U.S. gas reaches under $2.50 a gallonU.S. drivers are paying less than 2.50 dollars a gallon at the gasoline pump for the first time in more than 5 years. Retail ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

2015 Ford Mondeo Hybrid 01
Mazda_tokyo_salon
audi_sound_Q7
hyundai_infotainment_carplay_android_auto
Rolls-Royce_Suhail
puritalia-4270
918_crash
Tacoma_teaser0
Ferrari_F12_PP
Lexus_F_teaser0
lamborghini aventador crash india 1
BMW M4 Coupe G-Power tuning 1

More automotive from inautonews
Ford Romania has introduced the fifth generation of the Mondeo in Europe, over a 2-day event which has gotten us, automotive journalists, through all versions, under the close indications of professional racing drivers from the Romanian Rally Championship (Napoca Rally Academy). A nice touch of ...
read more
Inautonews Editors Section
2015 Ford Mondeo arrives in Romania – short test drive inside
2015 Ford Mondeo arrives in Romania – short test drive insideFord Romania has introduced the fifth generation of the Mondeo in Europe, over a 2-day event which has gotten us, automotive journalists, through all ...
Test Drive: Ford Fiesta ST
Test Drive: Ford Fiesta ST The current generation of the Ford Fiesta ST has been officially presented to the public back in March, 2012, during the Geneva Motor Show, and it ...
Test Drive: Renault Twizy – Back to basics
Test Drive: Renault Twizy – Back to basics Renault has been producing the Twizy for a couple of years now, in its Valladolid, Spain, facility but spotting one on European roads can turn out ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety [Video] Swedish magazine says new Mondeo is heavier than claimed, could be illegal to drive fully loadedTeknikens Värld, a Swedish magazine that became (in)famous back in 1997 for coining the Mercedes ... Recall roundup: Ford vehicles for Takata airbag issue in the USFord Motor Co, the second-largest US automaker has decided to expand the recall of Takata-equipped ...
Safety Section