
Demand for premium brands grows after China scraps COVID-19 lockdown policies.
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Average transaction figure just a tad over MSRP, far below a year ago.
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Make up for some lost sales in Q4 with help of electric push.
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German carmaker opens first-ever store dedicated to EVs.
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Carmaker has best quarter of year despite overall industry problems.
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Now continent’s most valuable carmaker after blockbuster IPO.
Read More →Audi outsold Mercedes-Benz in January as demand in China and the United States helped Volkswagen’s flagship division post record sales and analysts said the lead over its German rival may widen, reported Reuters. Audi said on Monday sales rose 10 percent last month to 137,700 cars and sport-utility vehicles with the world’s two largest car ... Read More »
Read More →BMW on Monday regained bragging rights as the top-selling luxury brand in the United States, ending the one-year reign of German rival Mercedes, reported Reuters. BMW ended with a lead last year of more than 9,000 vehicles over Mercedes-Benz, which in 2013 seized a title BMW had held for the previous two years. The BMW ... Read More »
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