FAW-Volkswagen Announces Limited-Time Repurchase Rights for Old Customers

On May 13, TapTechNews reported that FAW-Volkswagen announced the launch of a limited-time repurchase rights for old car owners. From now until May 31, FAW-Volkswagen's Volkswagen brand old customers can enjoy up to 4000 RMB (about 618 USD) in free charging when they repurchase a new Volkswagen brand car (excluding discontinued models).

Specifically, repurchasing ID.7VIZZION can enjoy 50,000 club points reward, which can be exchanged for a 4000 RMB (about 618 USD) charging voucher; repurchasing ID.4CROZZ and ID.6CROZZ can enjoy 20,000 club points reward, which can be exchanged for a 1600 RMB (about 247 USD) charging voucher.

TapTechNews previously reported that on May 10, the China Passenger Car Association released the Analysis of the National Passenger Car Market in April 2024 report, showing that the retail sales of passenger cars in April reached 1.532 million units, a decrease of 5.7% year-on-year and a decrease of 9.4% month-on-month, entering a double decline state.

In the TOP 10 list of retail sales, BYD ranked first, with retail sales reaching 254,000 units in April, a significant increase of 31.1% year-on-year. FAW-Volkswagen ranked second, with retail sales reaching 119,000 units in April, a year-on-year decrease of 15.6%.

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