Audi India sales up 10.5% in January - Economic Times

MUMBAI: Ingolstadt based luxury car maker, Audi has set itself a target of 20% growth in 2013 with an eye on selling 10,800 cars. Starting a year on a good note, Audi sold 737 cars in January, posting a growth of 10.5%. Micheal Perschke, head - Audi India said, ""Despite the price hike on our India model range, our sale of 737 cars in January signifies growing appeal amidst the luxury car customers. I am confident that our robust customer proposition will help us surpass targets yet again this year."" The company recently launched the new Q5 and R8 to create excitement in a sluggish buying environment of today. Audi will be ba nking on new launches and dealership expansion to attain this target. It will expand the number of outlets from 25 currently to 34 by the end of the year. Perschke said, like the global market, Audi is number 2 in India, ""Based on our current performance, we are well on our track to achieve number 1 position in India by 2015,"" he added. Audi posted 63% growth in 2012, at a time, when the overall luxury car market remained sluggish and posted lower digit growth for 2012. Audi sold a little over 9,000 units in India in 2012. Globally too the company surpassed its stated target of 1.4 million cars led by growth in North America and Asia. Download ET's mobile applications for iPad, iPhone, Android, BlackBerry, Nokia and Windows Phone to track news as it happens, live stock quotes, monitor portfolio, get market stats like gainers, losers and movers & much more. To check out free Economic Times apps , Click here Ingolstadt based luxury car maker, Audi has set itself a target of 20% growth in 2013 with an eye on selling 10,800 cars. via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFu5oOyE8bVAQ02Uof2FCIPbQhmHg&url=http://economictimes.indiatimes.com/news/news-by-industry/auto/automobiles/audi-india-sales-up-10-5-in-january/articleshow/18382159.cms

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