Audi report sales boost in October

Frankfurt:Audi, a premium brand of the Volkswagen group, said that October sales gained 0.4% to 82,750 units, also aided by soaring demand in China.

Audi forecast overall 2009 sales of 925,000 cars, well above its initial target of 900,000.

“Our sales figures worldwide have developed much better than expected,” Audi sales chief Peter Schwarzenbauer was quoted by a statement as saying.

“The Audi Q5 is emerging as one of our most successful models,” he added.

But luxury cars are nonetheless beginning to move off of dealers’ lots after missing out on government car-scrapping schemes that mainly boosted sales of small cars.

Source:[WSJ]