GERMANY: China remains bright spot for luxury carmakers
Author: just-auto.com editorial team | 7 October 2009
The booming Chinese auto market remains one of the few bright spots for German luxury carmakers which have reaped few benefits from subsidy programmes such as the US 'cash for clunkers' scheme. Daimler's Mercedes-Benz, Volkswagen's Audi and the BMW brand all posted year on year volume gains of over 35% last month.
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