Categories
Autos

Audi sales up in China

China could overtake Germany as the biggest market for luxury car maker Audi this year, according to company sales chief Peter Schwarzenbauer, the Wall Street Journal reported. He told reporters at Audi’s headquarters that sales volumes in Germany and China could be the same this year after the launch of new models in both countries, and a decline in sales in Germany in February. In the longer term, Schwarzenbauer said that China has a better growth potential than Germany, backing up comments made by company executives at the end of last year who predicted China would become their biggest market by 2012 or 2013. The German car maker reported a 20% rise in global sales, with a 62% hike in China, while in January and February combined the company sold 31,906 cars in the country. 

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading