Audi looks at 50 per cent growth

Agencies

Posted: Sunday, Oct 25, 2009 at 1447 hrs IST
Updated: Sunday, Oct 25, 2009 at 1447 hrs IST


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New Delhi: German luxury car maker Audi said it is looking at over 50 per cent growth in sales in both this and the next year in India, and is planning to assemble more models in the country as part of its strategy to achieve this target.

The company will also launch one new model in the country next year, besides brining in advanced version of an existing model.

"Our target is to grow by over 50 per cent both in this year and 2010. In 2008, we sold around 1,050 units in India and this year our target is to sell 1,600 units and then continue the momentum next year," Audi India Head (Marketing) Martin Birkner said.

He said the company had a good growth so far this year but did not provide the exact figures of the number of units sold so far in 2009.

Audi is also planning to assemble more models in India from next year.

"We are looking at shifting assemble operation of at least one or two more models to India in 2010. This will give us a better advantage in the market," Birkner said, without giving further details.

Audi currently has seven models in India, of which only two -- the entry level luxury sedan A4 and the volume model A6 -- are assembled here, while the others are shipped in as completely built units.

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