Active Stocks
Thu Apr 18 2024 15:59:07
  1. Tata Steel share price
  2. 160.00 -0.03%
  1. Power Grid Corporation Of India share price
  2. 280.20 2.13%
  1. NTPC share price
  2. 351.40 -2.19%
  1. Infosys share price
  2. 1,420.55 0.41%
  1. Wipro share price
  2. 444.30 -0.96%
Business News/ Industry / Manufacturing/  Audi India sales up 15%
BackBack

Audi India sales up 15%


Audi India has sold 7,391 units in the nine months to September

Audi plans to have 34 dealerships across India by the end of the year. Photo: BloombergPremium
Audi plans to have 34 dealerships across India by the end of the year. Photo: Bloomberg

Mumbai:
Audi India sold 7,391 units in the nine months to September, 15% more than in the same period last year, the company said in a statement Thursday.

“We are pleased to have consolidated our No. 1 position in the luxury car industry. We are confident that we will be the first luxury car manufacturer in the country to cross sales of 10,000 units in a calendar year," Joe King, head of Audi India, said.

Audi plans to have 34 dealerships across India by the end of the year.

Audi India started production of its Q3 sports utility vehicle at its Aurangabad plant in Maharashtra last month. The Q3 is the fifth model the carmaker is assembling in India. Audi’s current portfolio of locally assembled models include A4, A6, Q5 and Q7.

Luxury cars account for less than 1% of total car sales in the country, with 30,000 units sold in 2012.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 03 Oct 2013, 06:59 PM IST
Next Story footLogo
Recommended For You
Manufacturing Stocks
₹608.751.26%
ITC
₹425.95-1.64%
₹2,934.45-0.21%
₹1,536.95-0.86%
₹160.05-0.03%
Switch to the Mint app for fast and personalized news - Get App