Etiqueta: SAIC Volkswagen

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Overthe past two years, Volkswagen has shifted from being a 'global standard bearer' to an 'adopter of local innovation,' marking one of the most significant transformations in its history.

Retail sales of passenger vehicles in China reached 2.084 million units in June, up 18.1 percent year-on-year and up 7.6 percent month-to-month, according to data released by the China Passenger Car Association (CPCA) on Tuesday.

Major carmakers in China saw an upward trajectory in April, a trend analysts say would continue with the slew of models unveiled at the Auto Shanghai to hit the market one after another in the following months.