Volkswagen and its subsidiaries, including Audi, have been in hot pursuit of an industry-topping sales rank for the past several years, but the widespread economic downturn is shaping up to put those plans on hold. Previously, Audi had hoped to be the number one brand in luxury car sales by 2015, with the automaker previously forecasting an annual sales rate of around 1.5 million vehicles by then. According to latest comments from Audi CEO Rupert Stadler, made during a recent interview with German newspaper Sueddeutsche Zeitung (via Reuters), Audi’s ambitious target may have to be...
Audi Boss Confirms U.S. Production Plans: Report
The last we heard, Audi was postponing its decision on U.S. production plans due to a shortage of sales and the need to develop a suitable supplier network to source parts locally. That was in the midst of the global financial crisis so it was understandable that the automaker was a little...Viknesh Vijayenthiran
Audi A6 Hybrid Gets Late 2011 European Launch, U.S. Two Years Later
Audi’s first hybrid model, the new Q5 Hybrid, is scheduled to go on sale later this year but after that it will be slow going for the automaker’s other gasoline-electric vehicles. While the new Audi A6 Hybrid, unveiled earlier this month at the 2011 Detroit Auto Show, will go on sale in...Viknesh Vijayenthiran
2010 Geneva Motor Show Debut For Audi A8 Hybrid
Both of its closest rivals are on the verge of launching hybrid versions of their flagship sedans but for German luxury automaker Audi and its A8, a hybrid model is still some months away. Speaking with reporters at this week’s 2010 Detroit Auto Show, Audi chief Rupert Stadler revealed that a...Viknesh Vijayenthiran