Audi: drive toward leasing

Audi recently held a ceremony to deliver 100 A6L sedans to Shouqi Car Rental Co to tap the high-end auto leasing market in Beijing.

The cooperation with Shouqi is a strategic move by Audi, said Zhang Xiaojun, executive deputy general manager of the Audi sales division at Sino-German joint venture FAW Volkswagen.

He said the car rental business has enormous potential in China, especially in big cities with severe traffic congestion and limits on new license plates.