German carmakers continue to enjoy booming sales across China.
BMW Group’s total sales volume in China has now reached a total of one million units and senior staff are confident they will be able to sell this number again within three years. Brilliance China Automotive Holdings, with whom BMW AG share a joint venture, is aiming to sell a further million vehicles from 2012 through to 2014.
BMW's sales continue to grow. Image: Autoblog.Gr |
China’s luxury car market has boomed over the last few years and luxury sales still account for between 9% and 10% of overall deliveries. BMW Group’s China sales rose by almost 52% to 27,828 units in October on the back of strong demand the domestically-produced X1 SUV and 3 series.
Sales of BMW's other models, including the Mini, surged to 264,884 units through October, up 35% year-on-year.
Other German marques also continue to enjoy positive numbers, with Audi still retaining its stronghold as China’s number one premium car brand, with its 2012 10-month volume shooting up 31% to 332,959 vehicles.
Porsche year-on-year sales also leapt 63% in November to 2,919 units, bringing January to November sales up to 29,268 units. Sales were driven by strong demand for its Cayenne SUV as well as a stronger dealership network.
Volkswagen saw sales surge 31% in November to 210,000 units. The heady sales figures cement China’s place as the German automaker’s largest global market.