Volkswagen launch more SUV models in Chinese market
Stephan Wollenstein, chief executive officer of Volkswagen Brand China, said the company will launch at least four new SUV models in China this year and more than 12 SUV models by 2020.
German automaker Volkswagen will bring more sport-utility vehicle models to the Chinese market this year, as the company sees opportunities in the growing SUV segment.
The company said it will launch at least four new SUV models in China this year and more than 12 SUV models by 2020.
“This year will be the year of SUV for Volkswagen in China. Chinese consumers are switching to SUVs compared with customers in any other markets," said Stephan Wollenstein, chief executive officer of Volkswagen Brand China.
He said deliveries of SUVs accounted for only 8 percent of the overall passenger car market in 2007, but leaped to around 45 percent now.
"Around 12 million to 14 million SUVs will be sold in China in a few years, which equates to the entire European passenger car market,” Wollenstein said.
A product lineup of SUVs for Volkswagen in China. Volkswagen said it will launch four new SUV models in China this year, including FAW-Volkswagen’s T-Roc, FAW-Volkswagen’s advanced mid-size SUV, SAIC Volkswagen’s powerful family SUV and the all-new Touareg.
Volkswagen, with four SUV models in the Chinese market now, sold a total of 400,000 SUVs in China last year. In order to satisfy diversified needs from Chinese consumers, Volkswagen said it will expand its SUV product portfolio in 2018, bringing another four new models, namely, FAW-Volkswagen’s T-Roc, FAW-Volkswagen’s advanced mid-size SUV, SAIC Volkswagen’s powerful family SUV and the all-new Touareg.
Volkswagen said it will launch its first locally produced plug-in hybrid SUV, the Tiguan L PHEV, this year. This model will arrive at SAIC Volkswagen dealerships in the second half of this year. Starting from 2020, the company said, it will offer Chinese consumers several electric SUV models as well.
