Sales at Mercedes-Benz, Audi and BMW -- the three largest luxury brands in China – continued to grow in October, signaling further that luxury-vehicle demand remains strong despite a slowing economy.
Mercedes-Benz sales jumped 14 percent to 57,142 last month while BMW Group delivered 61,400 vehicles under the BMW and Mini brands, a rise of 8.8 percent. The German group didn’t disclose separate volumes for the two marques.
Audi deliveries increased 6 percent to 60,154.
In the first ten months, Mercedes sales rose 5.8 percent to 583,032 and aggregate deliveries at BMW and Mini brands advanced 14 percent to 587,417.
In the same period, Audi sales gained 2.1 percent to 551,194.
In 2018, Audi defended its position as the No. 1 luxury brand in China by boosting sales in the last quarter of the year.