Business Daily from THE HINDU group of publications
Thursday, Jan 10, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Thursday, Jan 10, 2008 ePaper | Mobile/PDA Version |
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Corporate
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Outlook Industry & Economy - Cars Audi to launch A4 in mid-2008 New Delhi, Jan. 9 German car maker Audi, a part of the Volkswagen group, launched the A4, a premium sedan which would be produced in India and launched in mid 2008. Priced around Rs 25-30 lakhs, it would be available with a 3.2-litre petrol and diesel engine. The company has sold 800 models of its A4, A6, A8, Q 7 SUV and TT since mid 2004 and is looking at a sale of 3,000 units by 2010, said Ms Bettina Bernhardt, General Manager Press. Since its sales office became operational in September 2007, it has delivered 350 cars, added Ms Bernhardt. Audi is investing around Rs 170 crore at its Aurangabad facility where it expects to assemble 300 units of A6 during the year. The company would add three more dealers in the next few weeks, taking the total number to six. – Our Bureau More Stories on : Outlook | Cars
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