Audi maintains growth behind imports
Strong demand for imported cars and light trucks helped Audi’s China sales rise 5.4 percent to 56,499 in October.
Audi’s import sales surged 34 percent to 5,369, benefiting from a cut in China’s tariffs on imported vehicles earlier this year.
The import tally includes 1,240 Audi A5 sedans and 1,445 Q7 SUVs, according to FAW-Volkswagen, VW’s joint venture with China FAW Group Corp. which produces and markets Audi vehicles.
Sales of Audi’s locally produced models rose 3 percent to 51,130.
Audi builds three sedans, the A3, A4 and A6, as well as three crossover models, the Q2, Q3 and Q5, in China.
Through October, Audi’s China sales totaled 537,886, a jump of 14 percent from the same period last year. The tally includes 491,327 locally built models and 46,559 imports.
Audi’s primary German rivals, Mercedes-Benz and BMW, have not released October sales in China.
Beijing slashed tariffs on vehicle imports in July to 15 percent from 25 percent. To retaliate against the Trump administration’s punitive tariffs on Chinese goods, including China-made automobiles, Beijing raised tariffs on vehicles imported from the United States to 40 percent.
The import tally includes 1,240 Audi A5 sedans and 1,445 Q7 SUVs, according to FAW-Volkswagen, VW’s joint venture with China FAW Group Corp. which produces and markets Audi vehicles.
Sales of Audi’s locally produced models rose 3 percent to 51,130.
Audi builds three sedans, the A3, A4 and A6, as well as three crossover models, the Q2, Q3 and Q5, in China.
Through October, Audi’s China sales totaled 537,886, a jump of 14 percent from the same period last year. The tally includes 491,327 locally built models and 46,559 imports.
Audi’s primary German rivals, Mercedes-Benz and BMW, have not released October sales in China.
Beijing slashed tariffs on vehicle imports in July to 15 percent from 25 percent. To retaliate against the Trump administration’s punitive tariffs on Chinese goods, including China-made automobiles, Beijing raised tariffs on vehicles imported from the United States to 40 percent.
