According to dealer sources, the reduction in prices on Audi vehicles sold in India will range from Rs 50,000 to Rs 1.5 lakh on entry level A3 sedan to Rs 10 lakh on flagship A8 sedan.
The company, which is marking 10 years of operations in India this year, is also looking to double its overall sales of 60,000 units that it has achieved in the last decade at a much faster pace.
German luxury car manufacturer Audi today launched a new variant of the Q3 with a 1.4-liter petrol engine for Rs 32.20 lakh onwards ex-showroom New Delhi.
Ranging from Rs 5.5 lakh to Rs 60 lakh these SUVs from Tata Motors and Mahindra & Mahindra at the lower end of the spectrum to Volvo and Land Rover at the premium end will light up the coming financial year.
The hugely popular model has been updated bringing in new features and new engine options, the company said in a statement.
SAIC Motor, Peugeot, Daihatsu and Kia are some of the global car companies who have cemented their India foray over the next 1-3 years with collective investments of at least Rs 10,000 crore.
Two noted German heavyweights Mercedes-Benz E Class and BMW 5 Series will take on each other in the mid-luxury sedan segment in the coming weeks.
Wolfsburg (Germany), Feb 24 (AFP) German auto giant Volkswagen today said it raced back into the black in 2016 as car sales hit an all-time high, in the latest sign of its "dieselgate" scandal fading into the rearview mirror.
The company plans to launch ten products this year, including 'a couple of completely new models' as part of its ongoing efforts to enhance its position in the country.
The new car is up to 120 KG lighter than the present one due to the adoption of intelligent material mix and there is seven per cent improvement in power and seven per cent improvement in fuel efficiency, CEO of Audi Coimbatore, Arun S K told reporters on the sidelines of the launch here.
India will get fresh investments and added product lines from Tata Motors-owned British brands Jaguar Land Rover even as the company has not lined up big-ticket investments for elsewhere across the globe.
The model is powered by a 2.0 litre four-cylinder engine with a maximum power of 190hp and is mated with 7-speed transmission.
The model comes with a 1.4 litre petrol engine with on average fuel consumption of 19.2 km/lt. The hood can be raised or lowered even at speeds up to 50kmph, the company said in a statement.
Toyota lost its crown as the world's top-selling automaker in 2016, company figures showed today, with the Japanese giant overtaken by Volkswagen as the industry prepares for an uncertain trade environment under US President Donald Trump.
German carmaker Volkswagen will recall nearly 600,000 vehicles in the United States, most of them its premium Audi brand, over defects that could lead to fires or airbag malfunctions.
The company's board has approved a capital expenditure plan of up to Rs 100 crore over a period of 12 months for expanding existing manufacturing facilities in Sanand and future expansion for supply of automotive lighting products to its customers, Lumax Industries said in a regulatory filing.
German luxury carmaker BMW sold 7,861 units in India last year, up 14 percent as compared to total sales in 2015 even as rival Mercedes-Benz retained the top slot for the second year in a row by selling over 13,000 units.
Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early - a feat achieved, ironically, only after it stopped chasing market share and focused on making stylish high-tech cars loved by consumers.
Volkswagen has said it had reached an agreement in principle with owners of 3.0-liter cars affected by its emissions cheating scandal.
Despite considerably cheaper ownership cost of pre-owned Merc and Audi cars, their counterparts from the BMW stable command a premium, according to an industry report.
The car is powered by V8 petrol engine with displacement of 3,993 cc, capable of accelerating from 0 to 100 km/h in just 3.7 seconds. It can reach top speed of 305 km/h with the dynamic package plus, the company said in a statement.
The new case filed Tuesday in Illinois court, cites a media report Audi installed the cheating devices on gasoline-powered cars to hide the true emissions of climate-warming gas carbon dioxide, court papers say.
The California Air Resources Board (CARB) discovered the software in an automatic transmission Audi last summer, the German weekly newspaper said, without citing any sources.
Management and labour leaders are seeking to agree on cost cuts and investments that will form part of the German carmaker's efforts to revive its fortunes more than a year after the diesel emissions scandal broke.
The group's profit for the three months ending September fell slightly short of the 2.45 billion euros forecast by analysts, but was a sharp improvement from the 1.73-billion euro net loss posted for the same period last year.