German luxury car maker Audi on Friday launched its premium SUV Q7. The Q7 joins Audi’s India stable which includes A6, A8 and A4. The company hopes the new launch will accelerate its growth in the country. The auto maker has not yet decided on setting up an assembly facility in India.
“We expect to triple our sales this year and sell about 300 units in India. Our target is to sell about 30,000 units by ’15,” said Andre Konsbruck, regional manager-overseas, Audi. The company sold about 105 units in India in ’05.
Q7 comes in two engine variants. While 3.0 TDI variant is priced at Rs 61 lakh (ex-showroom Delhi), 4.2 FSI petrol variant costs over Rs 77 lakh (ex-showroom Delhi). The company expects to sell about 50 units of the Q7 this year. The German automaker is also ramping up its dealership chain. From three showrooms in Mumbai, Delhi and Bangalore, it’s planning to extend the network to eight dealerships in the next two years.
Source:- EconomicTimes
Monday, September 18, 2006
Q7 joins Audi’s India stable
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