Audi's China Sales Plunge Amid Dealer Dispute as Rivals Catch Up
- China is the largest market for Audi and parent Volkswagen
- Mercedes-Benz, BMW challenging Audi’s China premium-brand lead
Audi's Keogh: People Really Want Luxury SUVs
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Audi’s auto sales in China slumped in January after the Volkswagen AG luxury marque struggled to contain a dispute with dealers in its largest sales region, adding to woes triggered by the German manufacturer’s diesel-emissions scandal.
Deliveries in the country plunged 35 percent from a year earlier to 35,181 vehicles, VW’s biggest earnings contributor said Tuesday in a statement. Global sales dropped 14 percent to 124,000 cars as gains in Europe and the U.S. failed to offset the contraction in China.