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Volkswagen AG (VOW)’s Audi unit, which wants to surpass Bayerische Motoren Werke AG (BMW) in sales of luxury vehicles by 2020, forecasts it will sell more than 1.4 million cars this year after reporting its highest May sales ever, Handelsblatt reported, citing Audi sales chief Peter Schwarzenbauer.
To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net
To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net