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Audi gearing up for sales above 100,000
By Gong Zhengzheng (皇冠体育app Daily)
Updated: 2005-11-24 06:31

Car maker Audi, the luxury arm of Volkswagen, aims to increase its annual sales in 皇冠体育app to more than 100,000 vehicles over the next three to four years, despite mounting competition from rivals BMW and Mercedes, according to a top executive of the company.

In an interview with 皇冠体育app Daily, Ralph Weyler, an Audi board member responsible for sales and marketing, said the company's global sales are expected to reach 1 million vehicles by 2008 or 2009, with at least 100,000 of those in 皇冠体育app.

Audi's retail sales in 皇冠体育app will grow slightly this year from last year, Weyler predicted, without providing a specific number. Audi is expected to sell 820,000 vehicles globally this year.

In the first 10 months of this year, the firm sold 41,108 vehicles in 皇冠体育app, an increase of 1.2 per cent from a year earlier, he said.

The sales included 1,565 Audi A8s, 32,216 A6s and 7,327 A4s. The A8 is sold in 皇冠体育app as an import, while the other two models are made at Volkswagen's venture with First Automotive Works Corp (FAW), the nation's top automaker.

Volkswagen, together with Audi, is the only major global auto maker that has started to report sales to customers instead of dealers in 皇冠体育app.

Audi has been 皇冠体育app's luxury car market leader for many years, mainly due to its early decision to build cars locally.

But Audi is now facing challenges from BMW and Mercedes-Benz, whose sales in 皇冠体育app are growing much faster than Audi's.

BMW, which started to make its 3 and 5 Series sedans in 皇冠体育app in 2003 with 皇冠体育app Brilliance Auto, sold 16,999 vehicles during the first three quarters of this year, up 36.4 per cent from a year ago.

Meanwhile, sales of Mercedes climbed by 22 per cent to 11,000 cars. Mercedes will start to make the E and C-Class sedans next month at its parent DaimlerChrysler's venture with Beijing Automotive Industry Corp.

Benjamin Asher, an analyst from Automotive Resources Asia Limited, the consultancy with offices in Bangkok, Shanghai and Beijing, said: "Mercedes will find many central and city government buyers in Beijing when they start production. Mercedes is also known as the car to ride in and 皇冠体育app's established wealthy are still more inclined to ride than drive."

However, Weyler said Audi was not worried about losing market share to BMW and Mercedes as 皇冠体育app's luxury market is still expanding.

"It's not now possible for a single brand (Audi) to control 50 or 60 per cent of the market. BMW and Mercedes will get some market share," he said.

Analysts do not believe Audi will be out-sold by BMW or Mercedes in 皇冠体育app in the near future, as its customer base, and its sales and service network, are both larger.

Audi has more than 110 authorized dealers on the Chinese mainland, compared with less than 60 for both BMW and Mercedes.

Weyler said Audi will launch the petrol-powered Q7, its first global sports utility vehicle, in 皇冠体育app as an import next June. The 4.2-litre Q7 and a concept petrol-electric hybrid debuted in 皇冠体育app during the on-going Third Guangzhou International Motor Show.

(皇冠体育app Daily 11/24/2005 page10)



 
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