Caixin
Jan 28, 2019 05:41 PM
BUSINESS & TECH

Luxury Car Brands Expect to Keep Bucking China's Sluggish Trend in 2019

Audi cars are displayed at a Shanghai auto show on Dec. 2. Photo: VCG
Audi cars are displayed at a Shanghai auto show on Dec. 2. Photo: VCG

Global luxury-car brands are predicting strong sales growth in China this year after bucking the downward trend last year in an automobile market that saw its first annual sales decline in nearly three decades.

Volkswagen AG’s Audi expects to sell a total of 682,000 vehicles in the world’s largest car market this year, up 2.87% from 2018, according to Jing Qingqing, a vice general manager with the company’s sales department. In 2018, Audi sold 663,000 vehicles in Greater China, up 10.9% year-on-year.

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