channelnewsasia.com - Audi, BMW report Chinese sales boost in October
   
 
  blogs  
 
yournews
   
   
Video Finance Lifestyle Travel Weather Discussion TV Shows
CNA Live    | About Us 
 
  Home ›
 
Business News
  Smaller Text Size Larger Text Size

 
 

Audi, BMW report Chinese sales boost in October
Posted: 09 November 2009 2219 hrs

 
 
Photos  of

   
 


FRANKFURT : The German luxury car maker BMW said on Monday that its sales rose further in October, with a leap in China, news echoed by German rival Audi.

Deliveries of BMW, Mini and Rolls-Royce autos rose by two percent from the level in October last year to 113,011 units, after showing a 12-month increase in September for the first time for a year.

Chinese sales leapt by 81 percent in October to 9,558 units, a statement said, and emerging markets in general have already reported more sales than in all of 2008, it added.

Audi, a premium brand of the Volkswagen group, said that October sales gained 0.4 percent to 82,750 units, also aided by soaring demand in China.

For the rest of the world, "we expect more solid progression in November and December," BMW sales director Ian Robertson was quoted as saying.

Audi forecast overall 2009 sales of 925,000 cars, well above its initial target of 900,000.

"Our sales figures worldwide have developed much better than expected," Audi sales chief Peter Schwarzenbauer was quoted by a statement as saying.

"The Audi Q5 is emerging as one of our most successful models," he added.

Meanwhile, BMW's own brand turned in last month its first sales increase in a year, edging up by 0.4 percent to 95,859 units.

On a 10-month basis however, overall group sales still showed a decline of 14 percent from the same period in 2008, and the company expects full-year sales to be 10-15 percent lower than in 2008.

But luxury cars are nonetheless beginning to move off of dealers' lots after missing out on government car-scrapping schemes that mainly boosted sales of small cars.

On Friday, BMW's German rival Daimler said sales of its Mercedes-Benz and Smart cars had gained 4.1 percent on an annual basis.

- AFP/ir

 

 
Bookmark and Share



Other business News
Japanese auto-makers Honda and Toyota dented by global recalls
South Korea jobless rate jumps to 9-year high
Ma says China trade pact crucial to Taiwan
China exports surge in January
Honda expands North America airbag recall to 420,000 more cars
NKorea premier apologises for currency chaos
Philippines exports surge in December
US public had "unrealistic" jobs hopes: top lawmaker
BHP Billiton cautious despite profits leap to US$6.14b
Baidu profit surges nearly 50% in Q4
Bernanke to explain Fed exit strategy, with caution
Malaysia's Maybank Q2 profit up 35%
Swiss bank UBS returns to profit
Barclays chief slams over-regulation as watchdog boss quits
Japanese plane seat maker admits falsifying safety data
China overtakes Germany as leading trade exporter
Toyota announces mass Prius recall
US stocks rally on easing eurozone debt fears
Oil prices leap as US dollar falls against euro

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions