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

<p>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 […]</p>

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

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.

#Automobile #Audi
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