And now an ASEAN-US summitOctober 24th, 2009 HUA HIN - Battered by the global economic crisis, the US has decided to convene a summit meeting with the influential Association of Southeast Asian Nations (ASEAN) next month. This "would mark a historic point in ASEAN-US Dialogue Relations", the ASEAN said at the end of its 15th summit here Saturday.
German carmaker Audi sees September car sales fall 6.8 percent on yearOctober 9th, 2009 Audi September sales fall 6.8 percent on yearFRANKFURT — German carmaker Audi AG said Friday it delivered 6.8 percent fewer cars in September than a year earlier as the global downturn continued to affect demand, but noted it fared better than the wider market and saw gains in some regions. The Ingolstadt-based company, a unit of Europe's biggest carmaker Volkswagen AG, said it sold 88,600 cars for the month compared with 95,136 cars in September 2008.
Audi India targets sales of 1,500 cars this yearSeptember 17th, 2009 CHENNAI - Audi India is targeting sales of 1,500 cars this year, an increase of over 450 from 2008, and hopes to capture 15 percent share in the domestic luxury car market. "Going by the sales trend, we are confident of exceeding the target.
Audi rolls out its latest sports utility vehicle in IndiaSeptember 3rd, 2009 NEW DELHI - German premier car maker Audi Thursday announced the launch of its latest sports utility vehicle (SUV) Audi Q7, which will be available with three engine variants. The three variants of the car, which will be available in 11 colours, will cost Rs.55.2 lakh, Rs.53.4 lakh and Rs.29.9 lakh in showrooms in Maharashtra.
Audi to assemble its sports utility vehicles in IndiaSeptember 3rd, 2009 NEW DELHI - German luxury car manufacturer Audi AG Thursday said it would start assembling its sports utility vehicle (SUV) Q5 at its Aurangabad plant in Maharashtra from next March. "We will start local assembling of our SUV Q5 at the Aurangabad plant.
Audi sales up in JuneJuly 2nd, 2009 NEW DELHI - Luxury car maker Audi sold 204 vehicles last month in Indian market, compared to 77 in June 2008, it said Thursday. This takes the overall sales volumes of the German company to 821 for the first half of 2009, a growth of 75 percent year-on-year.
Audi Q7 model launched in MumbaiJune 4th, 2009 NEW DELHI - The German luxury car manufacturer Audi n Thursday launched its new SUV Audi Q5 in Mumbai, following the uccess of its Q7 model. The Audi Q5 combines a sports sedan with a Quattro permanent all-heel drive and has two engine options 2.0 TFSI and 3.0 TDI.
Audi launches luxury utility vehicle Q5 in IndiaJune 4th, 2009 MUMBAI - German premium segment car maker Audi launched its luxury sports utility vehicle (SUV) Audi Q5 in the Indian market Thursday. The SUV, priced between Rs.38.29 lakh and Rs.44.19 lakh, will come in two engine options, including two-litre petrol and three-litre diesel variants.
Audi opens terminal showroom in KochiMay 15th, 2009 KOCHI - German luxury car maker Audi Friday opened its flagship terminal showroom in Kochi. 'Audi Kochi', the company's first terminal showroom in the country that exemplifies the latest and exclusive terminal architecture of Audi will increase the visibility of the brand, the company said in a statement.
Germany's Audi sees 29 percent drop in 1st-quarter operating profit as sales fallApril 27th, 2009 Audi 1Q operating profit down 29 percentFRANKFURT — German luxury carmaker Audi AG said Monday that its first-quarter operating profit fell by 29 percent as the global economic crisis ate into sales. Ingolstadt-based Audi said its operating, or pretax, profit was down to euro363 million ($479 million) in the January-March period from euro514 million a year earlier.
New Audi A6 launched in IndiaApril 23rd, 2009 NEW DELHI - German luxury car maker Audi Thursday launched a new variant of its existing sedan Audi A6 in the Indian market. The car will be available in the market in May first week with a price tag starting from Rs.38.57 lakh (ex-showroom Mumbai).
Kamal Nath to represent India at 7th ASEAN-India SummitApril 6th, 2009 NEW DELHI - Trade Minister Kamal Nath will represent Prime Minister Dr. Manmohan Singh at the Seventh ASEAN-India Summit and the Fourth East Asia Summit scheduled to be held on April 11-12 in Thailand.
Audi sales up 55.7 percent in MarchApril 6th, 2009 NEW DELHI - German luxury car maker Audi sold 162 cars last month in India, up 55.7 percent from 104 vehicles it sold in March 2008, the company said Monday. The company has sold 384 vehicles in the Indian market in the first three months of 2009.
Forget recession, WIFW attracts 13 commercial partners, 103 designersMarch 11th, 2009 NEW DELHI - Premier fashion organisation, Fashion Design Council of India (FDCI) has beaten recession blues by having as many as 13 commercial partners and 103 participating designers for the upcoming Wills Lifestyle India Fashion Week (WIFW) to be held March 18-23. Compared to last year's spring-summer edition when it had 10 commercial partners and 79 designers, this time WIFW managed to attract three new partners and some established fashion designers as well.
Audi India sells 113 vehicles in FebruaryMarch 5th, 2009 NEW DELHI - Despite the auto industry facing the brunt of a slowing economy, the high-end segment seems to have weathered the storm with luxury carmaker Audi reporting a considerable increase in their monthly sales for the second consecutive month. The German car manufacturer, posted a year-on-year increase of about 95 percent selling, 113 vehicles in February against 58 cars in the corresponding month last year.