×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Audi set for record year sales after solid June

Audi set for record year sales after solid June
Comment E-mail Print Share
First Published: Thu, Jul 08 2010. 02 32 PM IST
Updated: Thu, Jul 08 2010. 02 32 PM IST
Frankfurt: Volkswagen’s luxury brand Audi reaffirmed its forecast to post record vehicle sales in 2010, only one year after the biggest crisis the auto industry has seen in decades.
Audi said on Thursday deliveries to customers rose 8.7% to 99,250 vehicles in June thanks to another surge in demand in China, which overtook Germany this year as the company’s single largest market.
In the first half, sales volume rose 19.1% to 554,950 vehicles as above-average demand in the US and British markets also helped to drive results and compensate for a 5.1% decrease in Germany.
“Over the past year in particular we have been investing considerable amounts in our brand and the dealer network in the United States. We are now reaping the rewards,” Audi sales chief Peter Schwarzenbauer said in a statement.
“This year, our aim is to break through the barrier of 100,000 cars in the United States for the first time ever.”
Audi said it was on track to post an overall record for vehicle sales at more than 1 million in 2010.
Comment E-mail Print Share
First Published: Thu, Jul 08 2010. 02 32 PM IST