Audi chief sees 2020 sales down despite strong Q3

German carmaker Volkswagen’s Audi unit expects lower sales in 2020 despite strong numbers in the months of July, August and September, Automobilwoche on Sunday cited the head of the division, Markus Duesmann, as saying.

“We will not be able to compensate worldwide the heavy losses of the months of April and May in the full year, despite our distributors doing a really good job,” he said.

September had been the best month of the year across global operations for the premium car brand.

China was looking especially outstanding so that he believed it will end up showing a slight sales plus in 2020, Duesmann said.

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe