· Sales growth in the first seven months of 2008: up 163 percent

· Outstanding growth in July 2008: up 525 percent

· Audi India Managing Director Benoit Tiers: “Audi India on course to achieve its ambitious targets.”

Audi, the German luxury car manufacturer, is on course to achieve top sales figures in 2008 in India. In the first seven months of 2008 Audi India increased its sales countrywide by 163 percent to 595 cars (January – July 2007: 226 units). In the most successful month July sales grew by 525 percent in comparison to July 2007.

Audi India is continuing its outstanding growth in India with the model range of new Audi A4, Audi A6, Audi A8, Audi Q7 and Audi TT. The new Audi A4 sedan, launched in July 2008, also played a major part in achieving the record of delivering 125 cars to customers (July 2007: 20 units) in July 2008.

“True to our philosophy of “Vorsprung durch Technik”, the latest sales figures show that we have made an impressive progress in order to achieve our ambitious goals”, said Benoit Tiers, Managing Director of Audi India. ” We will continue to focus on the customer-orientated products for the Indian market. In coming months, the customers can expect new sophisticated and sporty luxury models.“ The Audi model range is available in India at present in seven dealerships across the country: in Delhi, Gurgaon, Chandigarh, Mumbai, Pune, Bangalore and Hyderabad. New facilities are being built in Ahmadabad, Ludhiana, Chennai and Cochin.

Globally too Audi is on its way to another record year, setting new highs in vehicle sales, revenue and profit in the first half of the 2008 fiscal year.

In spite of negative currency effects, essentially in connection with the U.S. dollar and sterling pound, the Audi Group grew its revenue by 0.1 percent to €17.387 billion (€ 17.378 billion) in the first half of the year. Adjusted for exchange rate parities, revenue would have been 2.8 percent higher.

Audi brand deliveries to customers rose by 1.4 percent to 516,211 (508,842) in the first six months of the year. Amounting to € 14.852 billion, cost of sales was down 0.6 percent year on year (€ 14.942 billion), in spite of the company’s expanded volume of business.

The Audi Group’s profit before tax thus rose by € 267 million, or 24.2 percent, to a new record level of € 1.372 billion (€ 1.105 billion).

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