INGOLSTADT, Germany -- Audi AG said deliveries in China rose 6 percent year on year in January to 54,402 vehicles, as strong crossover demand propped up the results. Last month, sales of the Audi Q5 midsize crossover jumped more than 33 percent to 11,670.
MUNICH -- BMW AG delivered 43,441 vehicles in China in January, up 8.4 percent from the same period a year earlier. The German automaker maintained the modest growth pace that it set in 2015, when deliveries for the year edged up 1.7 percent to 463,736 vehicles. BMW has cited China's sluggish economy for "significant headwinds" that affected the entire luxury sector.
Sales of passenger vehicles in China will grow 8 percent this year to 22.96 million units, predicts LMC Automotive in a forecast that assumes China's sluggish economy won't slide into a full-scale recession. Sales of light commercial vehicles will rise 4 percent this year to 3.78 million units, the suburban Detroit consultancy predicts.
Ningbo Joyson Electronic Corp. has acquired TechniSat Automotive, a supplier of navigation systems, radios and telematics, from its German parent, TechniSat Digital GmbH. TechniSat Automotive will join Preh GmbH, which Joyson purchased in 2011, in Joyson's automotive electronics division.
Magna International Inc. is counting on last year's acquisition of German transmission supplier Getrag to nearly double its Asian sales by 2018. Magna says it expects Asian sales to range as high as $3.3 billion (21.7 billion yuan) in 2018, up from about $1.5 billion in 2015.
MISSISSAUGA, Ontario -- Woodbridge Group says a newly formed joint venture will supply polyurethane foam for seat cushions, head restraints and armrests to Guangzhou Automobile Group Co. The joint venture, Woodbridge GSK High Polymer Technology Co., includes Woodbridge and GAC's in-house component group.
INGOLSTADT, Germany - Audi AG said deliveries in China rose 6 percent year on year in January to 54,402 cars, as strong crossover demand propped up the brand's results. Last month, sales of the Audi Q5 mid-sized crossover jumped more than 33 percent to 11,670 units.
MUNICH - BMW AG delivered 43,441 vehicles in China in January, up 8.4 percent compared to the same period a year earlier. The German automaker maintained the modest growth pace that it set in 2015, when deliveries for the year edged up 1.7 percent to 463,736 vehicles.
SHANGHAI -- Ford Motor Co.'s China deliveries jumped 36 percent year on year to 130,832 vehicles in January as robust crossover and SUV sales compensated for weak commercial truck demand. Combined sales of the EcoSport, Kuga, Edge, Explorer and Everest soared 75 percent to 37,411 vehicles.
Mercedes-Benz deliveries in China jumped 52 percent year on year in January to 42,671 vehicles as demand remained strong for the brand's S-class sedan. Mercedes said the S-class flagship enjoyed record demand last month, although it did not disclose specific sales.