In the first quarter of 2022, Volkswagen Group (China) and its joint venture delivered a total of 754000 vehicles in the Chinese market. Among them, the total sales volume of new energy vehicles reached 38700, a year-on-year increase of 67.3%.
Volkswagen Group (China) said on the 14th that since the beginning of the year, the continuous global structural shortage of chips and the covid-19 pneumonia epidemic in many cities have led to a decline in the delivery volume of the group compared with the same period last year. In addition, the suspension or restriction of parts production and related logistics transportation aggravates the pressure on the damaged supply chain. Nevertheless, thanks to the continuous optimization of business operations throughout the quarter, the group and brand business are still resilient and maintain a leading market position. Volkswagen Group (China) will launch another five pure electric models in 2022 to further promote the electrification offensive.
Since this year, the epidemic has had a serious impact on the three northeastern provinces, including Jilin Province, the Yangtze River Delta, Shandong Province and Hebei Province. Volkswagen Group has an extensive and intensive sales network in these areas, and its sales have been strong in the past. Due to the epidemic, only in March, about 20% of the group's dealers were temporarily closed, and many dealers were faced with the situation that the staff were unable to arrive due to isolation.
Dr. Feng Sihan, CEO of Volkswagen Group (China), said: "Despite the continuous challenges, our sales of new energy vehicles have continued to grow. Since mid March, covid-19 outbreaks have occurred in Changchun and Shanghai, where our joint ventures and many key suppliers are located, which has a serious impact on the group's business. We are confident to meet the challenges and have formulated a clear recovery plan to get back on track. We hope that the current situation can be alleviated as soon as possible Solution, so that we can make up for production delays in the coming months. "
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