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German luxury cars News

German luxury cars

11 Jul 2015

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.

10 Mar 2015

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.

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