Volkswagen AG competes with General Motors Co. For leadership in sales in the Chinese market among foreign manufacturers, since Japanese auto corporations, led by Toyota Motor Corp., focused on a territorial dispute.
VW, whose luxury Audi sedans are popular among Chinese bureaucrats, the last time was the leader in the country in 2016, and in 2017 it plans to sell about 2.7 million. cars against 2.65 million. Gm. Eight new or converted models, including Skoda Octavia, Audi Q3, Santana and Golf, according to the reporting of the Analytical company JSC Automotive Consulting, will contribute to such a success. The list of new products from GM includes Cadillac XTS and three Opel models.
Sales of passenger cars in China will increase by 10% next year, since the country’s economic growth has opened a second wind. According to Autoforesight Shanghai Co., LMC Automotive and Synergistics Ltd., Once in a decade, Chinese leaders stimulate the national market, and the last campaign can end in March, which will increase domestic demand.
– When the economy stabilizes, consumers in China will more confidently buy cars, ”says Lin Huibibin, an analyst from Shanghai IHS Automotive. – Since September, many indicators have shown improvements in the economy.
Foreign car concerns increase investments in China, relying on the largest primary market of vehicles, hoping to cover the decline in sales in Europe. According to the Chinese Association of automakers, the total number of cars sold may exceed 19 million.
Crown of sales
On a global scale, Toyota is ready to win the title of the largest automaker 2012, and Volkswagen and General Motors will only compete for second place. Based on the alleged demand, Toyota announced that its sales can grow by 2% and reach a record 9.91 million. units.
In China, SUVs will remain the most rapidly developing segment, as Chinese consumers prefer volumetric cars, and small cities will play a large role in sales, according to Steve Man, analytics from the Hong Kong company Nomura Holdings Inc.
The new authorities of the country, led by the leader of the Communist Party of the KSI JINPING, should set the pace of transition to market relations that will increase consumer demand and ensure the balance between export and investments.
After the meeting of representatives of the authorities on December 16 in Beijing Xinh News Agency, she said that China will achieve high “quality and efficiency” of development, which will be aimed at “sustainable and healthy developments”.
