CHANGCHUN — FAW-Volkswagen Co. Ltd. reports a profit of RMB20 million (US$2.4 million) for 1998. The venture says it attained its production target of 60,118 Jetta cars and 6,000 Audi cars in 1998. The totals represent a 37% and 137% respective rise over the previous year. FAW-VW sold 60,328 Jettas and 5,709 Audis in 1998, rising 43% and 162%, respectively, over 1997, and improving the automaker's market share by 12% year-on-year. The venture also produced 32,000 cylinder shells for its ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.