Audi and BMW lunches their luxury models in India

Two top German luxury car manufacturer Audi and BMW lunches their luxary models in India. Audi India commenced its business activities in 2007 and presently has five models -- Audi A8,Audi Q7, Audi A6, Audi A4 and Audi TT.

German luxury car maker BMW today introduced new variants of its 5 Series sedan priced in the range of Rs 36.9 lakh and Rs 46.8 lakh(more than $100,000).
The new variants, BMW 520d, 530d and 530d Highline powered by diesel engines, will be additions to its existing petro variants BMW 525i and BMW 530i.

"The BMW 5 Series is in the luxury Business Class segment, and it is our goal to continue providing our customers in India with the highest standards of all-round quality, safety, and perfection to ensure the highest levels of comfort and luxury, BMW India” President Peter Kronschnabl said.

"We are expecting to sell 1,000 of our cars in the Indian market in 2008, compared to 350 cars last year on the back of growing demand for luxury cars in the market. The new AudiA4 will be a crucial product to help us achieve this goal," Audi India's Managing Director Benoit Tiers said.

BMW last year had sold about 1,400 units and is targetting to sell 2,000 units this year.
BMW had increased production capacity of its Chennai plant from 1,700 units to 3,000 units per year.

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