Audi CEO Says Brand Will Be No.1 Luxury Automaker by 2020

Stephen Elmer
by Stephen Elmer

When asked about the future of Audi, the brands CEO sighted plans to push the company to the number one spot by 2020.

“By 2020 at the latest. It is not about overtaking BMW tomorrow or the day after, but to seize and secure the top position,” said CEO Rupert Stadler. Previously the CEO had stated a plan to become number one by 2015, but is now pushing the year out to 2020.

Stadler also commented that the sales for the first half of 2012 are “very good numbers,” and will be released on July 31st. Audi is on track to sell 1.4 million vehicles this year, which will mark a new company record.

The climb to the top will not be without hurdles though. European car sales are dropping thanks to the financial problems of the EU, and sales in China are also starting to taper off.

Stadler knows there will be issues, as he commented “but we, too, feel that the road is getting bumpier.”

[Source: Reuters]

Stephen Elmer
Stephen Elmer

Stephen covers all of the day-to-day events of the industry as the News Editor at AutoGuide, along with being the AG truck expert. His truck knowledge comes from working long days on the woodlot with pickups and driving straight trucks professionally. When not at his desk, Steve can be found playing his bass or riding his snowmobile or Sea-Doo. Find Stephen on <A title="@Selmer07 on Twitter" href="http://www.twitter.com/selmer07">Twitter</A> and <A title="Stephen on Google+" href="http://plus.google.com/117833131531784822251?rel=author">Google+</A>

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 2 comments
  • Stephen Marcus Colmar Stephen Marcus Colmar on Jul 15, 2012

    Not if they keep insisting on being slightly worse than BMW and MBZ... Audi is NOT that good of a car company.

    • Guest Guest on Oct 02, 2012

      Audi is the best premium brand ever. Audi makes the best cars, most developedandis the fastest growing brand.

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