Audi sales in China grow markedly in Q1

Image
IANS Munich
Last Updated : Apr 12 2016 | 5:58 PM IST

German car producer Audi AG on Tuesday announced that its sales in the Chinese market in the first quarter rose by 4.7 percent to 139,540 units.

"Following a year of consolidation in 2015, Audi is once again on track for growth in China," Xinhua news agency cited Audi as saying its website.

Statistics show that 50,986 cars were sold in March to customers in China, an increase of 5.4 percent and gains were seen particularly in the compact class.

In addition, the four rings company also announced that it has achieved the best first quarter in the company's history along with the most successful sales month.

The Ingolstadt-based company increased global sales by 4.6 percent to a monthly high of around 186,100 units in March, which brings cumulative deliveries since January to around 455,750 cars, four percent more than in the same quarter last year, according to a statement.

"The strong demand in the first quarter confirms that we are on the right track to achieve another sales record for the full year in 2016," said Dietmar Voggenreiter, member of the board of management for sales and marketing.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 12 2016 | 5:46 PM IST

Next Story