Audi heading for record year on sales

7th May 2004, Comments 0 comments

7 May 2004 , INGOLSTADT - German car maker Audi is heading for record sales this year after posting best-ever figures Friday for the first four months. The Volkswagen subsidiary sold about 259,000 cars worldwide between January and April, more than ever before for the first third of the year and 4 per cent up on the same period last year. Strong demand for Audi's A8 and A3 models have boosted sales figures, while orders for the recently-launched A6 saloon are above expectations. Marketing and sales directo

7 May 2004

INGOLSTADT - German car maker Audi is heading for record sales this year after posting best-ever figures Friday for the first four months.

The Volkswagen subsidiary sold about 259,000 cars worldwide between January and April, more than ever before for the first third of the year and 4 per cent up on the same period last year.

Strong demand for Audi's A8 and A3 models have boosted sales figures, while orders for the recently-launched A6 saloon are above expectations.

Marketing and sales director Ralph Weyler said the German market remained "difficult" but with the launch of the new Audi A6 "we are confident that we will achieve a new record figure for vehicle sales again for 2004 as a whole".

Meanwhile, industry data shows German new car registrations rose for a second successive month in April over the same period last year in a boost for the auto industry after a poor start to the year.

New registrations rose 4 percent over April 2003 to 298,000, the German Association of the Automotive Industry (VDA) said. Registrations in March had risen 8 per cent from the same month in 2003.

However new registrations for the first four months of the year are still down 1 per cent compared to the first third of 2003 after declines of 2 percent in February and 12.4 percent in January.

The VDA said in a statement the industry had "found its feet" again after a weak start to the year.

"In view of the reduced growth forecasts for the German economy, once again increasing fuel prices, as well as the ongoing downbeat labour market, the automobile industry proves itself as a stable element in difficult surroundings," the VDA said.

The recovery is underlined by increased domestic and foreign orders. Domestic orders were up 4 percent and foreign orders up one percent in April in a year-on-year comparison.

Domestic orders for the first four months rose by three percent, while foreign orders climbed four percent compared to the same period last year.

Exports in April meanwhile rose two percent year-on-year to 310,200, and were up three percent in the first third.

Exports remain at a high level thanks also to demand from the 10 new EU accession nations, with exports to the new EU members climbing 38 percent in the first quarter. Exports to China (up 39 percent) and Japan (up 30 percent) were also strong.

DPA

Subject: German news

 

 

 

 

0 Comments To This Article