Shanghai VW group cuts prices on its Passats
英语阅读是考研英语的重头戏，怎么复习?怎么训练?建议同学们采取英语朗读的方法每天练习10-20分钟，快速提升英语的阅读能力和听力水平！BEIJING, Aug. 7 -- Shanghai Volkswagen said yesterday it will offer up to a seven-percent discount on the complete line of its best-selling Passat Lingyu series to offset the competitive challenge from its home rival's Magotan.
The flagship joint venture between Volkswagen AG and Shanghai Automotive Industry Corp provided price discounts ranging from 7,000 yuan (US$921) to 16,000 yuan, on the Passat Lingyu starting yesterday.
The biggest cuts were offered on the mainstream 1.8T model with a manual transmission, which now sells for 199,800 yuan. The lowest price for a Lingyu dipped to 176,800 yuan.
"The price discounts directly target FAW Volkswagen's Magotan, as both models have an overlapping price range," said Jiang Xueqin, an auto analyst at Shenyin Wanguo Securities Co Ltd.
The German car maker's other Chinese venture, FAW Volkswagen, launched the Magotan a month ago. The mid-to-high-range sedan is part of a revamped Passat series and sells for 192,800 yuan to 249,800 yuan in China.
When the model debuted in a class that includes Toyota's Camry and Honda's Accord, dealers offered discounts of about 20,000 yuan to enhance the Lingyu's price advantage.
Rao Da, secretary-general of the Union of Passenger Car Market and Information, said Lingyu sales were affected over the past month. Shanghai Volkswagen sold around 8,700 Lingyus in July, close to the average monthly level during the first six months.
"Shanghai Volkswagen's profit is not expected to suffer much as the discounts will help boost sales ahead of the prime September season," Shenyin Wanguo's Jiang said.
Chinese car makers' margins have tailed off as they cut prices to boost sales. The average profit margin for domestic auto makers was 3.1 percent last year, compared with nine percent in 2003.
Volkswagen, the biggest overseas car maker in China, expects to increase vehicle sales 12 percent this year to 800,000 units.
Japan's Honda Motor Corp trimmed the price of its Accord sedan by at least 20,000 yuan in August, banking on a sales pickup of more than 20 percent to 400,000 units.
(Source: Shanghai Daily)
听力和书面表达通常是我们学生的弱项，希望大家在英语朗读的方法下，并结合实际情况安排练习，不要一味模仿别人，要在练习过程中及时总结经验，包括时间安排等，让自己的考研英语水平得到一个很大的提升！
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