The next 1 Series is described by a high - ranking official as a distinct turning point for the German car maker, which last year surrendered
the global luxury car sales lead to its key rival, Mercedes - Benz, for the second consecutive year.
Not exact matches
According to a September McKinsey report, China will contribute over half of
global car sales growth through 2022, while the growth in the
luxury car category is expected to outpace the rest of the market.
Based on new front - drive platform developed by Mercedes - Benz for its A-class family, the Q30 features a slightly raised ride height, sweeping roofline and confident styling, all aimed at winning
sales from younger buyers who are predicted to make - up 80 per cent of
global luxury car - buyers by 2020.
Luxury car market is picking up with
global majors doing good
sale figures.
In fact, because small
cars are now the fastest growing segment within the
global luxury car market, led by sedan - favouring countries like North America and China, Audi expects the new sedan to account for more than half of all
sales of the A3, which already generates over 20 per cent of its revenue.