BMW and Audi Turn To China For Growth

BMW and Audi Turn To China For Growth
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German luxury titans Audi and BMW are migrating to a new battlefield in hopes of growing their brands despite domestic debt worries. According to Jenny Gu, a Shanghai- based analyst at research firm LMC Automotive, the number of luxury cars sold in China for 2011 may  increase by 39 percent to 939,000, overtaking Germany by 25,000. That… Continue Reading...