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German carmakers BMW, Audi report higher October sales; Audi raises full-year sales outlook
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FRANKFURT - German carmakers BMW AG and Audi AG said Monday their October sales improved as the global downturn showed signs of waning and demand for luxury cars improved.
BMW, the world's biggest luxury carmaker, said its group sales improved 2 percent for the month to 115,252 cars sold compared with 113,011 in October 2008.
BMW, based in Munich, includes the namesake BMW brand, and also Mini and Rolls Royce. The company also builds BMW motorcycles.
Audi AG, a division of Europe's biggest carmaker Volkswagen AG, said its October sales were up 0.4 percent to 82,750 cars compared with 82,436 in October of 2008.
Audi, based in Ingolstadt, said the company's sales figures were much better than anticipated, and raised its full-year sales target to reach 925,000 cars for the year.
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