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Volkswagen China Expects Full Recovery By The Summer
Apr. 11, 2020 1:10 PM ET by Roger Biermann Industry News / 31 Comments There's hope for recovery after the coronavirus. China was hardest hit by the Covid-19 pandemic to start, with numbers growing rapidly and the medical system paying the price. But a swift and brutal lockdown has seen the Asian country finally seem to get a handle on the situation. In the last few weeks, we've witnessed a return to normalcy, with car showrooms opening their doors to the public once more, and recent reports suggest that people are ready to buy cars and celebrate their freedom once more. The Volkswagen Group has a massive showing in the Chinese market and has seen what it calls "clear signs of business recovery", boding well for the rest of the world's motor industry, as well as VW's own hopes of producing the VW ID.4 electric crossover. CarBuzz CarBuzz CarBuzz CarBuzz All 2,000 dealerships falling under the Volkswagen brand umbrella have opened their doors and shoppers are flocking back to the showroom floors. VW Group China CEO, Stephan Wollenstein has even suggested that the group may recover fully, citing that "the Chinese car market could reach last year's level in early summer." He also suggested that the VW Group still has an exciting year ahead in the market, stating that, "This year, MEB production will begin and the Volkswagen ID. family will debut in China" in which it's expected to be a top seller. Audi Audi The Chinese market is key to the future of the Volkswagen Group's EVs, as in the second half of the year two plants will begin production of all the electric models built on the MEB electric vehicle platform. Between these two production facilities in Foshan and Anting, 600,000 EVs a year will be produced, which will pave the way for the introduction of the VW ID. family of electric cars, which includes the ID.4 electric crossover. The Chinese production facilities will also be responsible for the manufacturing of the Audi e-tron, with production slated to begin before the end of the year in Changchun. Audi Audi Join The Discussion
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Volkswagen ID.4 Audi e-tron Roger Biermann Managing Editor After spending the first three years of his life after school pursuing a career in interior design and architecture, the automotive bug bit Roger hard. This led him down the path of forging a career in motoring, running his own website and spending eight years building up his automotive knowledge, driving ability, and wordcraft before joining CarBuzz in 2017, first as a writer, and later as an editor, technical expert, and in-house graphics wizard fulfilling the role of company joker and jack of all trades. Roger is highly proficient at writing in the third person and spends his time away from the keyboard tinkering on and autocrossing his two Miatas. Contact Roger @Roger.mx5 LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top