BSE Prices delayed by 5 minutes ! Prices as on   Mar 13, 2026   ABB India 6394.6 [ -0.28% ]ACC 1379.35 [ -3.58% ]Ambuja Cements 425.6 [ -4.72% ]Asian Paints 2196.25 [ -1.14% ]Axis Bank 1197.25 [ -2.96% ]Bajaj Auto 8879.85 [ -3.11% ]Bank of Baroda 281.1 [ -2.78% ]Bharti Airtel 1803.6 [ 0.16% ]Bharat Heavy 258.45 [ -3.53% ]Bharat Petroleum 319.1 [ -2.19% ]Britannia Industries 5808.5 [ 0.40% ]Cipla 1314.1 [ -0.84% ]Coal India 466.8 [ -0.71% ]Colgate Palm 1956.85 [ -0.97% ]Dabur India 453.7 [ -1.23% ]DLF 542.85 [ -2.87% ]Dr. Reddy's Lab. 1293 [ -1.95% ]GAIL (India) 147.8 [ -3.02% ]Grasim Industries 2569.15 [ -4.01% ]HCL Technologies 1325.45 [ -2.43% ]HDFC Bank 817 [ -1.86% ]Hero MotoCorp 5204.35 [ -3.54% ]Hindustan Unilever 2160.55 [ 1.18% ]Hindalco Industries 909.45 [ -6.23% ]ICICI Bank 1254.3 [ -0.93% ]Indian Hotels Co. 609.8 [ -2.40% ]IndusInd Bank 814.45 [ -1.98% ]Infosys 1248.5 [ -1.37% ]ITC 301.5 [ -0.79% ]Jindal Steel 1142.8 [ -6.72% ]Kotak Mahindra Bank 366.65 [ -2.30% ]L&T 3440.95 [ -7.52% ]Lupin 2314.85 [ -1.78% ]Mahi. & Mahi 2951.2 [ -2.69% ]Maruti Suzuki India 12588.45 [ -3.29% ]MTNL 25.02 [ -4.03% ]Nestle India 1202.05 [ -1.46% ]NIIT 63.87 [ -2.55% ]NMDC 78.55 [ -2.86% ]NTPC 384.45 [ -1.57% ]ONGC 265.75 [ -1.74% ]Punj. NationlBak 111.7 [ -4.20% ]Power Grid Corpn. 300.7 [ -0.99% ]Reliance Industries 1380.6 [ -0.81% ]SBI 1046.8 [ -3.55% ]Vedanta 689.15 [ -4.22% ]Shipping Corpn. 238.9 [ -4.67% ]Sun Pharmaceutical 1800.5 [ -1.34% ]Tata Chemicals 670.75 [ -1.80% ]Tata Consumer Produc 1083.75 [ 2.49% ]Tata Motors Passenge 314.3 [ -3.13% ]Tata Steel 183.4 [ -5.20% ]Tata Power Co. 394.95 [ -1.83% ]Tata Consult. Serv. 2410.3 [ -1.33% ]Tech Mahindra 1331.95 [ -1.35% ]UltraTech Cement 10607 [ -4.36% ]United Spirits 1315.05 [ -3.59% ]Wipro 197.55 [ -2.40% ]Zee Entertainment 78.03 [ -4.82% ]
BSE

MARKETS

News Details

( As on 06/01/2010 00:00)

Audi sees 39 per cent growth in 2010

Audi, the German luxury auto manufacturer, on Tuesday said that it expects its domestic sales to surge by around 39 per cent to 2,300 units in 2010. The auto maker, expects to sell more cars in India by 2025 than it does in Japan.

The company, which sold 15,000 units in Japan while 1,658 units in India in 2009, grew 58 per cent in 2009 in terms of domestic sales.

"There is a lot of potential in Indian market and we would continue to invest here and explore the business opportunities. We expect to sell more Audis in India than in Japan by 2025 at around 20,000 units annually," Audi AG member of board of management Peter Schwarzenbauer told.

He also said that the company has witnessed a record year in China in 2009, with sales of 1.5 lakh vehicles, even though the year has been tough for the global auto industry.

On the other hand, Mr Benoit Tiers, MD, Audi India said "For the second year in succession, we have not only achieved but exceeded our projected sales targets in difficult market conditions. Consistent sales growth and larger market presence are constructive steps in our endeavour to become the premier luxury brand in the country,".

The Volkswagen Group company has so far made an investment of Rs 210 crore in the country. The company at the auto expo started this week announced the launch of a limited edition A6 2.7 TDI apart from a new variant of the Q7 4.2 TDI, which will be the most powerful diesel SUV in the market.

"We made a commitment of introducing one new car every six months and we also made a commitment to producing them in India. While the A6 and A4 are already assembled here, the Q5 will start being assembled from this year," said Mr Tiers.

Besides this, Audi also unveiled the five-door Sportback Concept car, which is powered by a 3-litre V6 TDI clean diesel engine and while being able to travel 100 km with 5.9 litres of diesel, it also can reach a top speed of about 245 km per hour. As per the company officials, the car will be in India soon after its global launch.

Audi at present assembles sedan A4 as well as A6 at the facility of its group company Skoda in Aurangabad and from this year onwards, the assembling of SUV Q5 will be done at Aurangabad plant, Audi India MD Benoit Tiers said.

"We have a whole range of models from A1 to A8, which can be brought anytime in India if there is a demand," Schwarzenbauer said.

Audi is expecting to sell 40 per cent more units to 2,300 units this year as compared to last year.