FRANKFURT (Reuters) - Audi, the premium car brand of Volkswagen , posted record sales in 2011 as demand for luxury cars in China and Russia helped it gain ground on bigger rivals like BMW and Daimler's Mercedes-Benz.
Audi on Monday unveiled sales growth of 19.2 percent for last year, outpacing 12.8 percent for the BMW brand and 8.0 percent at Daimler's luxury brand.
The VW unit sold 1.30 million cars in the year, compared with 1.38 million BMWs and 1.26 million at Mercedes-Benz.
Audi wants to dethrone BMW as the world's number one premium car maker by 2015 through powering ahead in China and the United States, the world's biggest luxury car market.
BMW is betting on the same thing and believes demand in these two key markets will keep it ahead of the pack.
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