NEW DELHI: In the battle among German marquee brands in India's luxury-car market, Audi AG has managed to keep its top position in 2014, though Mercedes-Benz has grown faster and narrowed the gap with the leader.
Tung estimated that the revenue his company will generate from its smart car business will be 10 times higher this year from last year due in part to the Audi partnership and similar projects with Japanese car makers, who have asked not to be named.
BMW retained the global luxury vehicle sales crown for the tenth consecutive year in 2014, fending off both compatriots Volkswagen AG's Audi and Daimler AG's Mercedes-Benz. However, Audi and Mercedes narrowed their respective gaps with BMW, which ...
�We place top priority on sustainable growth. That's why we are making large investments in the innovative areas of electric mobility, connectivity and lightweight construction,� stated Rupert Stadler, chairman of the board of management (CEO) of Audi AG.