Audi to assemble its sports utility vehicles in India

September 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.

September 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.

July 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.

June 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.

June 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.

June 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.

June 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.

May 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.

April 29th, 2009 KOLKATA - Auto major Mahindra and Mahindra (M&M) has received huge bookings for its multi-utility vehicle Xylo in the last three months, a top official said here Wednesday. 'In the last three months, 15,000 Xylo were booked.

April 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.

April 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).

April 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.

March 18th, 2009 NEW DELHI - Auto major Mahindra and Mahindra (M&M) Tuesday inaugurated a defence-vehicle manufacturing plant in Haryana's Prithla region. The Rs.400-million (Rs.40-crore) facility is expected to roll out 200 vehicles by year-end.

March 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.

February 26th, 2009 NEW DELHI - A day after the central government announced 2-percent excise duty cut, some of India's commercial vehicle manufacturers Wednesday slashed prices across their trucks and bus line-ups to pass on the benefit to consumers. 'We are passing on the full benefits of the excise duty reduction,' a spokesman for Ashok Leyland said, adding that this would 'bring prices down on average slightly more than Rs.16,000'.