“The Q5 will play an important role in the future market of India,” he said. The company currently assembles the A4 and A5 models at its Aurangabad plant while other models such as A8, TT, Q7 and R8 are imported as completely built units.
Audi reported a 39 per cent fall in the profit after tax at € 1.34 billion on account of a 5.4-per-cent decline in the global sales at 9.5 lakh cars. The drop in deliveries due to global financial crisis, particularly in the European and the North American markets, led to a revenue decline of 12.7 per cent to € 29.84 billion.
For Audi, China remains the biggest overseas market with 1.59 lakh unit sales in 2009 while India is ninth in terms of volume. Globally, Audi bets big on the upcoming compact model A1, which has an electric power train, Audi e-tron, too. The company unveiled A1 at the Geneva Motor Show last week. Mr Stadler said the company plans to produce 50,000 units of A1 at its plant in Brussels, Belgium. He said that the company aims to sell a million cars in the current year, the figure it had achieved in 2008.