Volkswagen AG's (>> Volkswagen AG) Audi premium brand said Monday that car deliveries in China surged 44% on the year in April to 34,221 vehicles, indicating that demand for luxury cars continued to boom despite moderating growth in the Chinese mass-market segment.
- Audi's Chinese sales in the January-to-April period were up 41% compared with the same period last year at 124,284 cars, according to an emailed statement.
- Audi plans to release global car sales figures on May 9.
- Audi is the world's second-bestselling luxury car maker behind BMW AG (>> Bayerische Motoren Werke AG). It is the market leader in China thanks to an early market entry by its parent firm.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500