BMW appears on track to retain its crown as the world’s best-selling luxury car maker this year after its core brand posted a 20% rise in sales to 108,187 cars in November, fueled by a growing number of affluent Chinese customers and a recovery of the U.S. market.
On the same time, one of the main competitors to BMW, Audi AG, Wednesday also reported a 15% sales rise for the eleven months period to just above 1 million cars. Audi sales chief Peter Schwarzenbauer said Germany will remain the brand’s single-largest market this year despite the strong growth in China.
“We expect that the real boom in China is still ahead of us,” Schwarzenbauer said.
Last week, Mercedes-Benz posted a 16% sales rise in the January-to-November period to 1.06 million cars, after a 19% increase to 105,200 cars last month.