Audi

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sunandaC

Sunanda K. Chavan
The German luxury car-maker Audi revealed it will ramp up its output by 50 per cent in India to about 3,000 units next year, even as it gets ready to enter the used-car business by 2011. The company's wholly-owned subsidiary -- Audi India -- is also considering the launch of luxury sedan A7 and will initiate a market study for the same. The company expects to sell about 2,700 units this year compared to 1,658 units in 2009.

Audi India had earlier committed an investment of 30 million euros till 2015. It has already put in about 65 per cent of the amount. The company is also expanding its dealership network to about 20 by next year from the existing 14 outlets
Awesome India's gonna see more better in coming months.

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Finance Minister Pranab Mukherjee presented the Union Budget 2011 in the parliament. As far as automobile industry is concerned the budget was breather as it proposed no excise duty hike as predicted earlier. So, there will be no car price hike for now. Many experts feel that it is the wise decision as raw material prices are on the rise from last year which already cost many price hikes in automobile industry.

So, the budgetary impact on the new series of audi will be almost nil.
 
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