VGV Sales Data, Trends & Analysis for the Chinese Automotive Market
VGV is a brand of Weichai Auto, a subsidiary of Weichai Power, one of China’s biggest engine manufacturers and automotive suppliers, probably best known outside of China for its sponsorship of the Ferrari F1 team. VGV stands for Weichai Group Vehicle. It replaces the unsuccessful Enranger/Yingzhi brand which sold fewer than 100,000 vehicles in the five years from 2015 to 2019. Find sales figures for the VGV U70 and any other car model produced and sold in China since the early 2000’s. Car sales statistics from China only include domestic production and exclude imported models.
VGV China Sales Figures & Recent Highlights
VGV (Weichai Group Vehicle) is a Chinese automobile brand owned by China National Heavy Duty Truck Group, one of the largest automakers in China. The brand was launched in 2019, and it is focused on developing affordable and stylish SUVs for the Chinese market. VGV cars are known for their sporty design, advanced technology, and competitive pricing. The brand’s most popular models in China include the VGV U70, a mid-size SUV, and the VGV VX7, a large SUV.
VGV cars are a good option for consumers who are looking for an affordable, stylish, and technologically advanced SUV. The brand’s cars also offer comfortable interiors and good after-sales service, making them a good choice for families and budget-minded buyers alike. VGV is a growing brand in China, and its sales have been increasing in recent years. The company is investing heavily in new products and technologies, and it is well-positioned to continue to grow in the coming years.
VGV Annual Sales, Growth and Market Share in China
Below we have a table that shows total VGV sales volumes for the Chinese automotive market, broken out by year. This data captures all VGV vehicle sales for the entire Chinese automotive market.
| Year | Sales | YOY Change | Marketshare | Marketshare Change |
|---|---|---|---|---|
| 2019 | 3,053 | 0.00 | 0.02 | 0.00 |
| 2020 | 17,164 | 462.20 | 0.09 | 83.55 |
| 2021 | 11,660 | -32.07 | 0.06 | -59.26 |
| 2022 | 7,417 | -36.39 | 0.04 | -60.83 |
VGV China Annual Sales Units & Growth Chart
Below is a visual representation of VGV Chinese sales units over time. We have both the VGV sales units and the market share in the Chinese market. Click on the items in the legend to see each series by itself.
VGV China Growth Rate & Market Share Chart
Below is the annual growth rate for the VGV brand in China, shown against the VGV’s marketshare changes in China. This gives you a good look into how VGV has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
The Best-Selling VGV Cars & SUVs in China
COMING SOON
