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  • The BMW Group increased sales by 7.5% but as this includes sales of both BMW and Mini brands, Audi probably also outsold the BMW brand in China. Audi, for years the leading German luxury brand in China, increased sales by less than its direct competitors. - Source: Internet
  • The German new car market in 2020 contracted by nearly a fifth. While Volkswagen and Audi lost market share, VW is probably the best positioned for 2021 to sell the battery-electric cars that receive huge subsidies in Germany. However, all brands continue to fail to supply the number of electric cars that the market demands with delivery times generally a minimum of four months, and some models already sold out for the first three quarters of 2021. - Source: Internet
  • For all manufacturers, SUVs are increasingly important for both sales and earnings. Only Volkswagen confirmed that SUVs sales worldwide in 2020 reached 35% of deliveries. In the USA, most German brands reported SUV sales around two-thirds of all sales and climbing. - Source: Internet
  • In 2020, Mercedes-Benz was again the leading luxury car brand worldwide. It outsold BMW in most global markets, including China but not in the USA. Both BMW and Mercedes-Benz had their ninth consecutive record year in 2019 but had sales just over 7% lower worldwide in 2020. - Source: Internet
  • All major German car brands decreased deliveries worldwide as global car markets struggled with the response to Covid-19 in 2020. Global car sales were estimated at around 15% lower in 2020. Volkswagen remained by far the largest German carmaker but due to its wide portfolio generally suffered the same decline in sales as the broader markets. Worldwide, VW sold nearly a million fewer cars than in 2019. - Source: Internet
  • In full-year 2020, German luxury carmakers and premium brands had weaker sales but mostly gained market share in major markets worldwide. Although global sales were lower, German car brands mostly increased sales in China in 2020. Mercedes-Benz, Audi, Porsche, and BMW had record sales in China but all were off the record levels achieved globally in the previous couple of years. Volkswagen sales were mostly in line with the broader global market, as well as in China. In 2020, the Chinese new car market was of particular importance to German luxury car brands with China now accounting for at least a third of all German premium brand sales worldwide. - Source: Internet
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