To win the global automotive sales crown, an automaker must have a stellar performance in the Chinese market, the largest automotive market in the world. So when Volkswagen AG disclosed its official sales numbers for China, they were immediately compared to General Motors’ performance in the country. And for the first time in three quarters, Volkswagen came in behind The General.
Even so, VWAG and its joint-venture partners showed substantial growth in China for the first quarter of 2013, seeing a sales increase of 21 percent to a claimed near-770,000 vehicles, which still translates to six percent fewer than sales by GM and its joint venture partners, of 816,000 vehicles.
It should be noted that Volkswagen includes Hong Kong and Macau in its Chinese sales figures, while GM refrains from doing so.
Comments
Times sure are changing. The two biggest symbols of capitalism duking it out in the backyard of the biggest symbol of communism. Nothing wrong with that.
GM does not sell cars in Hong Kong anymore.