euro zone debt crisis
BMW and Audi Turn To China For Growth
German luxury titans Audi and BMW are migrating to a new battlefield in hopes of growing their brands despite domestic debt worries. According to Jenny Gu, a Shanghai- based analyst at research firm LMC Automotive, the number of luxury cars sold in China for 2011 may increase by 39 percent to 939,000, overtaking Germany by 25,000. That…
