China's 93 percent year-over-year growth rate for auto sales in November bodes well for all car makers and suppliers. And the icing on the cake goes to luxury vehicles.
According to the Wall Street Journal, compared to a year ago, Mercedes-Benz tripled its November sales in China to 8,900 cars, and Audi more than doubled to 16,503. Audi AG has said it expects China to surpass Germany and become its largest sales region in 2012 or 2013. BMW AG also said sales in China were up 40 percent, to 8,470 cars.