. Space Industry and Business News .




.
CAR TECH
Audi sales in China outstrip Germany: firm
by Staff Writers
Berlin (AFP) Jan 5, 2012


Luxury German carmaker Audi said Thursday that 2011 sales in fast-growing China had outstripped its home market for the first time, adding it expected further acceleration in the coming years.

Audi, a subsidiary of Europe's biggest carmaker Volkswagen, said it had sold 313,036 vehicles in China last year, breaking for the first time the 300,000 mark.

"China is now Audi's biggest single market," the company said in a statement.

More than 80 percent of the cars were manufactured locally in China, the firm added.

"Particularly the premium segment in China is making very healthy progress -- in our view it continues to offer very good growth potential," said Peter Schwarzenbauer, from Audi's sales department.

Audi is forecasting that it will sell 250,000 cars in Germany in 2012.

Like its German competitors Mercedes-Benz and BMW, Audi is pinning its hopes on China for rapid growth, as it sees more traditional markets lose strength amid the eurozone debt crisis.

Audi announced last month it planned to build a vast new plant to provide up to 200,000 new cars a year for the booming Chinese market.

The new factory in the southern Chinese city of Foshan will be up and running by 2013, said the firm.

Germany is the world's number two exporter after China.

Related Links
Car Technology at SpaceMart.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



CAR TECH
GM announces fix for electric Volt battery
Chicago (AFP) Jan 5, 2012
Top US automaker General Motors on Thursday announced plans to reinforce the battery in its electric Chevy Volt in order to prevent fires after a severe crash. The fix comes in response to a government safety probe launched after a damaged lithium battery in a Volt caught fire three weeks after a crash test. Two other batteries caught fire in subsequent tests in which regulators intentio ... read more


CAR TECH
Graphene offers protection from intense laser pulses

New materials remove CO2 from smokestacks, tailpipes and even the air

Ultra-thin laptops set to dazzle CES gadget fair

'Ultrabooks' to highlight CES 2012 show

CAR TECH
Raytheon's Navy Multiband Terminal Tests With On-Orbit AEHF Satellite

Northrop Grumman And ITT Exelis Team For Army Vehicular Radio

Lockheed Martin Ships First Mobile User Objective System Satellite To Cape For Launch

Satellite Tracking Specialist, Track24, wins Canadian Government Contract

CAR TECH
SSC supports simultaneous launch of Elisa, Pleiades 1A and SSOT

Orbcomm and SpaceX Improve Launch Plans for OG2 Satellites

Orbcomm Prepares For Launch Of Second AIS Satellite

Arianespace Completes 2012 With Soyuz Launch Partner Mission For Globalstar

CAR TECH
Chinese Satellite Navigation System Beidou Begin Test Services

China's satellite navigation system will meet both civil and defense needs

Russia, India to cooperate in production of satellite navigation equipment

China's homegrown navigation satellite network starts providing services

CAR TECH
Airbus agrees A380 deal with Hong Kong Airlines: reports

Chinese carriers won't pay EU carbon charge: group

Boeing's Wichita plant closure costs jobs

Chinese carriers won't pay EU carbon charge: group

CAR TECH
Tiny wires could usher new computer era

Stanford engineers achieve record conductivity in strained lattice organic semiconductor

New technique makes it easier to etch semiconductors

New device could bring optical information processing

CAR TECH
Ice data at your fingertips

TRMM Satellite Measured Washi's Deadly Rainfall

First ever direct measurement of the Earth's rotation

Satellites can help to grow the perfect grape

CAR TECH
HK environmentalists outraged at landfill proposal

Benefits of new air quality rules greatly outweigh costs

Spilled oil unexpectedly lethal to fish embryos in shallow, sunlit waters

Australian miner says any derailment spill 'diluted'


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement