German luxury carmakers owe much to the Chinese auto market for its increase in sales. It is no secret that they have not benefited greatly from the scrapping programs in Europe and the United States .
The companies (Daimler AG’s Mercedes-Benz, Volkswagen AG’s Audi and BMW AG’s flagship BMW brand) all posted year-on-year volume gains of more than 35 percent in the China last month. Globally, BMW and Daimler sales have dropped considerably in 2009 this year while Audi has cut its sales contraction to slightly below 10%. Without their success in China , these numbers could have been more tragic.
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