Articles Tagged with "Audi "

Gasgoo.com (Shanghai May 9) - Despite the fact that overall growth in the Chinese luxury vehicle market has slowed to four percent in the first quarter of this year, Audi has still managed to pull in strong sales results. The manufacturer's sales growth is now at 14 percent, with total sales volume nearing 110,000 vehicles, far outpacing its competitors. In a recent interview cited by the China Youth Daily, Audi CEO Rupert Stadler said that he didn't believe that growth in the luxury vehicle market were slowing down, stating that reduced growth levels are mainly due to falling sales of its competitors. Dr. Stadler expects the growth rate of the Chinese market this year to fall between ten percent and 15 percent, which he points out is a relatively good result when compared to other markets across the globe.