BMW, Audi, MB See Q1 Global Sales Growth Driven By China & U.S. Demand

BMW's namesake brand retained its lead over Volkswagen's Audi AG (NSU.XE) unit with 356,548 car sales in the first quarter, up 11% from last year thanks mainly to buoyant sales of its the new-generation 3 Series, the compact 1-series and its sports-utility-vehicles.

Audi, Volkswagen's premium brand and key earnings contributor, said Tuesday it sold 346,100 cars in the January-to-March period, up 11% from the previous year, helped in part by a 3% rise in sales in Germany as demand picked up in March compared with earlier in the year.

Audi's sales are expected to be driven this year by the long-wheelbase version of its A6 model in China and the new-generation of its compact A3, which will be launched in the second half of this year.
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94geo - 4/11/2012 1:58:30 PM

+1 Boost

Wow, Mercedes is only 5K units behind Audi, should be a very close year..