"Audi China sales up 40% to 17,396 cars in May
Shanghai, June 9 (Gasgoo.com) German luxury car maker Audi AG said yesterday that its sales in China last month rose 39.9% from a year earlier to 17,396 cars, media reported.
Audi, Volkswagen AG's luxury brand, sold 88,451 cars in the Chinese market in the first five months of the year, up 65.3% year on year, another record result for the leading premium brand in China.
After selling nearly 160,000 cars last year in its largest overseas market, Audi expects to lead China's luxury car market again with sales of 200,000 units in 2010, compared with 120,000 units targeted by BMW and "more than 100,000" by Mercedes-Benz.
Audi plans to expand its product line-up for the luxury car sector in China, which surpassed the U.S. as the world's largest auto market last year and may overtake Germany to become Audi's No. 1 market in the next few years.
Currently Audi has three locally made models in China - the A4L, A6L sedan and Q5 SUV - and several imported models. The Audi Q5, produced in Changchun at the FAW-VW joint venture, will begin selling soon.
Global sales of Audi cars in May rose 15% to 94,900 units because of growing demand from Chinese consumers, and predicted the new A1 compact model will help it win more customers in Europe."
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