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.
VW: 6-month profit down 81 pct to euro494 million; '09 sales likely lower than 2008July 30th, 2009 Volkswagen says 6-month profit falls nearly 81 pctBERLIN — German automaker Volkswagen AG said Thursday that its six-month net profit slipped nearly 81 percent to euro494 million ($696.7 million) on decreased demand during the recession and that total sales this year will be less than in 2008. The Wolfsburg-based company, whose brands include Audi, VW, Seat and Skoda, earned euro2.5 billion in the first six months of 2008.
Audi celebrates century as sales hold up amid recession thanks to China, scrapping programJuly 15th, 2009 On 100th birthday, Audi weathering downturnBERLIN — Audi AG is marking its 100th birthday this week in a strong position, with well-heeled customers defying the downturn to snap up its luxury cars and fuel its ambitions of catching rivals Mercedes-Benz, BMW and Porsche. Audi celebrates its century on Thursday, with a gala event in its Bavarian home town of Ingolstadt that will feature luminaries such as German Chancellor Angela Merkel, Dallas Mavericks NBA player Dirk Nowitzki and eight-time Le Mans champion Tom Kristensen.
Ford analyst calls June industry's best month in '09; sales down less than 30 pctJune 29th, 2009 Ford analyst says June best month for sales in '09DEARBORN, Mich. — Ford Motor Co.'s top sales analyst says June was the industry's best month of the year, with sales falling less than 30 percent.
German carmakers BMW, Audi and Daimler say May sales are down, but the news isn't all badJune 8th, 2009 BMW, Audi, Daimler: car sales down but not all badFRANKFURT — Three of Germany's leading carmakers, BMW AG, Audi AG and Daimler AG said Monday that sales fell in May compared to a year earlier, but noted that the slump in the auto market was not as bad as in previous months. The three said demand had rebounded in some countries, suggesting sales could continue to improve in the year ahead.
German carmakers BMW, Audi say May sales are down, but the news isn't all badJune 8th, 2009 BMW, Audi say May car sales fell, but less sharplyFRANKFURT — German carmakers BMW AG and Audi AG both said Monday that sales fell in May compared to a year earlier, but noted that the slump in the auto market was not as bad as in previous months. Audi reported a 6 percent drop in May, to 82,800 vehicles, while BMW said its sales fell 18 percent to 109,042 vehicles.
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 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 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).
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.
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.