China market rout, slowing economy sap demand for luxury cars
Prices for German luxury cars in China are tumbling as the country`s stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers.
Jul 11, 2015, 16:53 PM IST
Audi to invest 24 bn euros in 4 years on global expansion
German luxury car maker Audi plans to invest 24 billion euros (about Rs 1.61 lakh crore) over the next four years to enhance its global production network, including two new plants in Mexico and Brazil, and launch new models.
Mar 10, 2015, 19:21 PM IST