【Ingolstad】German luxury auto brand Audi will begin selling its premium A3 Sedan in India from middle of the year and the much-awaited car will be rolled out from the company's production facility in Aurangabad.
The brand with the four rings said it has decided to assemble A3 in India from the launch stage itself expecting that it will become a driver of growth for the company. India will be among very few countries where the luxury sedan will be produced locally. The sale of A3 Sedan has started in only a few countries in Europe. It will be launched in the US next month.
Audi Group CEO Rupert Stadler told PTI that India is a "strategically important market" for the company as the country has huge growth potential for luxury car segment. Stadler said the company was struggling with depreciation of the currency in India and was looking forward to economic reforms, particularly in the taxation system by the new government after the parliamentary election.
○Willl resume work but won't sign pact: Toyota workers
【Bangalore】Toyota Kirloskar Employees Union (TKMEU) on Saturday said they were ready to resume work on March 24 but would not sign any undertaking as desired by the company, which has agreed to lift the lock-out at its two plants in Bidadi near here following the government's conciliatory efforts.
"The management has decided to lift the lockout from March 24, but they have put some conditions and said we will have to give an undertaking. We are ready to resume work but won't give any undertaking," TKMEU president Prasanna Kumar told PTI after its general body meeting.
Announcing its decision to lift the lockout implemented on March 16, Toyota Kirloskar Motor in a statement on Thursday had said, "Consequent to our decision, the team members are welcome to resume work with effect from March 24 after signing a simple undertaking on good conduct."
【News source】
Audi to start selling premium A3 Sedan in India from mid-2014
Willl resume work but won’t sign pact: Toyota workers
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