Big name German auto builders, Volkswagen AG and Daimler’s Mercedes-Benz, have reported drops in recent local market sales and focus on the Chinese market to regain composure.
The companies reported to have sold significantly larger numbers in China this year compared to 2009. Audi reported to have sold 53 percent more cars in July whilst Mercedes-Benz reported up to 300 percent more export sales this year compared to last. BMW also increased its exports to China by 82 percent.
This is all on the contrary to the manufacturers reporting drops in sales in their home country. According to Automotive News, Audi and Mercedes-Benz sold fewer cars in Germany the past month compared to the same period last year. Although, BMW has reported a slight increase in local sales by 4 percent.
