More

    2019 was a challenging year for the automotive industry : Balbir Singh Dhillon

    Must Read

    Approximately 79 percent vaccination at 4 centers of Vadodara district on the first day

    On the first day of covid vaccination, approximately 79% of the beneficiaries in rural areas of Vadodara...

    Covid 19 cases reached 22533 in Vadodara after 74 new cases on Saturday

    Total 65 discharged from hospital taking the total to 21212 The number of positive...

    Railways to introduce 10 new trains to Kevadiya

    Trains from Varanasi, Dadar, Ahmedabad, H. Nizammudin, Rewa, MGR Chennai Central and Pratapnagar from 17th January 2021

    German automobile company Audi expects Indian luxury car market to remain flat next year and growth to come in only in 2021, having gone through a challenging 2019.

    The company, which is set to kick off 2020 with the launch of its flagship SUV Q8 in January followed by new version of A8 sedan in February, is cautiously optimistic about the year that will mark the transition to stricter emission norm BS-VI.

    “In terms of growth estimates for the luxury car market, we estimate it to remain flat in 2020 and we are hopeful of positive growth starting 2021,” Audi India Head Balbir Singh Dhillon said.

    Indian luxury car market, comprising top five players — Mercedes, BMW, Audi, JLR and Volvo, witnessed a total sales of 40,340 units in 2018 and is expected to see a decline in 2019. The companies are, however, yet to release their up to date sales data.

    “2019 was a challenging year for the automotive industry, thereby building the pressure on new car sales,” Dhillon said.

    The company has launched Audi A4 Quick-lift, Audi Q7 Black-edition and all-new Audi A6 this year.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Latest News

    Co-Win App: Know when, how to register and everything you need to know about the app

    With India's COVID-19 vaccination drive beginning today, the Union Minister for Health and Family Welfare has informed...

    Covid 19 cases reached 22533 in Vadodara after 74 new cases on Saturday

    Total 65 discharged from hospital taking the total to 21212 The number of positive cases in Vadodara reached 22533...

    Railways to introduce 10 new trains to Kevadiya

    Trains from Varanasi, Dadar, Ahmedabad, H. Nizammudin, Rewa, MGR Chennai Central and Pratapnagar from 17th January 2021 The ambitious...

    Gujarat Home Minister Pradipsinh Jadeja will flag-off the rally by ‘She Team’ in Vadodara

    In a bid to enforce more efficient policing to stop crimes against women, the Vadodara Police has set up ‘She Teams' in...

    11 feet long crocodile weighing around 400 kg rescued from Asoj

    Animal lover Hemant Wadhwana and Forest Department team conducted a joint rescue operation The city of Vadodara is surrounded...

    More Articles Like This

    - Advertisement -