Audi to sell 1200 unit by 2008
German car maker Audi expects around 1200 units to be sold within this year. This expectation is on the luxury car segment.
"We are expecting to sell 1,200 of our cars in the Indian market in 2008 compared to 350 cars sold last year on the back of growing demand for luxury cars in the market," said Audi India MD Benoit Tiers.
The launch A4 variant Audi is expected soon , since the assembling of parts has already begun with an investment of 10 million euros. The company observed a 80% of growth during Q1 with a selling of 220 units in India.
Audi A6 variant is being assembled in this plan for which the investment is 20 million euros. Also in July the Audi A4 Variant will be launched.
"The sale of total luxury cars in India during first two months of this year posted 176 per cent growth, while the car industry as a whole posted just 9 per cent growth, which shows the demand for luxury cars is growing at a tremendous pace . Soon India will be among five major car markets for the company."
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