China growth helps VW beat Toyota
Take me away, mom Animals on the Road	“Water Margin” on eggs Cat the occupier Adorable animals pose like stars Cuddle up together, battling against blizzard Sunshine in the life

 

Logo of Volkswagen [File Photo: Xinhua]

By Rupert Reid for sino.uk

Volkswagen has become the world's largest car manufacturer, helped by impressive sales growth in China.The news sees the German auto giant overtake Toyota, which had previously held the worldwide sales top spot.

The change in ranking reflects a decline for Toyota as well as growth for VW. The Japanese company saw sales slide in 2016 to 10.17 million units, from 10.31 in the previous year.

Meanwhile, VW's managed to grow by over three percent, a performance which is all the more impressive given controversy surrounding the firm's emissions scandal last year.

Analysts have revealed that the Chinese market proved to be particularly beneficial to VW in this regard, as the company sells fewer of the affected diesel models in the country, and a larger number of petrol vehicles.

Overall, VW grew by a very impressive 12.2 percent in China.

In September, reports said VW was in talks with a Chinese partner to make electric cars in the country.

Over a third of VW's foreign sales come from China, and the move towards producing electric cars could be in anticipation of the tightening of Chinese emissions standards.

China continues to be a booming market for auto-manufacturers, with the latest figures showing that sales have increased at their fastest level for 3 and a half years.

Overall, manufacturers are selling an astonishing 22 percent more vehicles this year than at the same point last year.

Author： 　　　Source：CRI　　　 Editor：Yang Fan