Audi Sees China Sales Surpassing Germany by 2013

FRANKFURT— Audi AG will significantly exceed its sales target in China this year and expects the country to outpace its German home turf as its largest single market in 2012 or 2013 at the latest.

The projection underscores a broader geographic shift among auto makers toward Asian growth markets.

"Today we're at 118,000 car sales already. We're on track to significantly surpass our initial target in China this year" of selling 130,000 cars, said Peter Schwarzenbauer, Audi's executive board member responsible for sales and marketing, in an interview.

He said the Ingolstadt-based company will launch its A3 hatchback in China.

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