Business Daily from THE HINDU group of publications Thursday, Oct 02, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Announcements Production of new Audi A4 starts in India Our Bureau Pune, Oct. 1 Audi AG has announced the start of local assembly of the new Audi A4. This is the second Audi model to be produced at the group plant in Aurangabad after the Audi A6. “By 2015 we will have built a total of some 11,000 Audi A4 and 7,000 Audi A6 models in India while investing over €30 million in our Indian production site,” Mr Frank Dreves, Member of the Board of Management for Production at Audi AG, said. Calling India one of its most important future growth markets, Mr Peter Schwarzenbauer, Member of the Board for marketing and sales, said, “Our vehicle sales in the first eight months of 2008 were 700 units, over 190 per cent growth over last year.” He added that the dealer network was being expanded to 12 locations. At Aurangabad, 50 employees work in the CKD production. The Indian team has been trained at the Audi plant in Neckarsulm (Germany) in production, electronics, logistics and quality. In 2008, the first full year of production, 640 Audi A4 sedans and 380 A6 cars will be assembled in a single-shift operation. The company aims to sell 1,000 units of the whole model range this year, 3,000 units a year by 2010 and 10,000 units a year by 2015. The Audi A4 will be the key contributor in achieving these targets. Audi plans to increase the number of models in its portfolio to 40 by 2015. More Stories on : Announcements | Cars
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