Human
You. The Road. Nothing else.
New target is 2020
With rejuvenated competition and an unstable European economy, Audi has pushed back their goal of becoming the world's largest luxury automaker by 2015.
Speaking with Sueddeutsche Zeitung, Audi CEO Rupert Stadler revealed their new target is 2020. He declined to give estimates on vehicle sales, but cautioned the "road [ahead] is getting bumpier."
Despite the lowered expectations, Stadler said "It is not about overtaking BMW tomorrow or the day after, but to seize and secure the top position."
VIA-
Audi to take No. 1 premium car spot by 2020, CEO says
Asked when Audi expected to become No. 1 and overtake BMW as the world's largest luxury carmaker, Stadler was quoted saying: "By 2020 at the latest. It is not about overtaking BMW tomorrow or the day after, but to seize and secure the top position."
Stadler had previously set a goal of making Audi the world's top premium carmaker by 2015.
He also said that for the first half of the year the company would present "very good numbers." Audi is scheduled to release the first-half result on July 31. "But we, too, feel that the road is getting bumpier," he cautioned.
Stadler said reduced working hours were not being considered at the company's plants for the time being.
Earlier this week, Daimler AG said sales of Mercedes-Benz luxury cars grew in June at the slowest monthly rate so far this year, as sales in the key market of China continued to increase at a tepid rate