BMW, Audi Ride Solid Global Demand for Luxury Cars.
FRANKFURT—Global car sales at BMW AG and Volkswagen AG’s Audi brand rose to monthly records in May, putting the world’s two best-selling luxury-car makers on course for another bumper year as mass-market rivals in Europe remain under pressure.
“The current order intake proves that the first half of the year will exceed our expectations in all regions,” Audi sales chief Peter Schwarzenbauer said Monday.
“We have therefore now set ourselves a new target of 1.4 million deliveries for the year as a whole,” Mr. Schwarzenbauer said. That figure is a more precise and upbeat full-year outlook than Audi’s previous guidance.
And then someone is expecting Germany to act, for the shake of Europe, it’s people and the European debt crisis. ….