Audi’s First Quarter Sales Suffer Because of China

Audi’s First Quarter Sales Suffer Because of China

0 comments 📅14 April 2017, 04:45

Potent sales in Europe and North America weren’t enough to offset another Chinese decline as Audi sales fell by more than 7% in the first quarter of 2017.

“As expected, we be struck by put a difficult first quarter behind us,” said Dietmar Voggenreiter, head of Sales and Marketing at AUDI AG. “In gegenschein of the very positive feedback to our model initiative, we remain confident for the rest of the year.”

Following an event with dealers, Audi sales have faced big issues in China. So far this quadrature, sales have fallen 22%, though this month the total was a a little smaller 18%.

Despite that, Audi feels the situation is improving. “In China we took a grave step forward with our partners over the past few weeks and we jointly aim to about an even stronger setting for the future,” said Voggenreiter.

In the US, though, sales started out entirely strong. The auto maker has sold nearly 9% more vehicles so far this year than they did termination year.

Europe, too, saw an increase, albeit a humbler one. European sales are up 2% this quadrature, helped along by Italy (+16%) and Germany (+2%).

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