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Audi China Car Deliveries Jump 44% In April

05/07/2012 | 04:52am US/Eastern

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.

MAIN FACTS:

- 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 
 

Stocks mentioned in the article : Volkswagen AG, Bayerische Motoren Werke AG
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