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BMW Sales Growth Outpaces Mercedes-Audi in China

Bayerische Motoren Werke AG (BMW), the world’s largest premium automaker, saw its sales growth outpace those of Daimler AG (DAI)’s Mercedes-Benz and Volkswagen AG (VOW)’s Audi in China last month after BMW introduced a stretched version of its 3-series. 

BMW-brand deliveries in China rose 39 percent to 32,194 units in July, the company said yesterday in a statement. Mercedes earlier this month reported sales rose 31 percent to 18,530 units, the best sales gain in more than a year in the country, and Audi, which counts Hong Kong in its China numbers, said it sold 27 percent more vehicles to 41,766 units. 

BMW has said China will probably surpass the U.S. as its top market this year as the brand enters more communities and wins buyers with its 3- and 5-series sedans. The Munich-based automaker, which trails Audi by total volume sales in China, has outgrown its competitor for at least three years.

http://www.bloomberg.com/news/2013-08-08/bmw-sales-growth-outpaces-mercedes-audi-in-china-luxury-car-race.html

Looks like BMW are going to become the number 1 premium automaker in China as well in a few years.