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Audi wants to double its new-car sales by 2020

Automaker wants to sell 2 million cars annually by 2020

Automotive News Europe is reporting that Audi AG wants to double its new-car sales under the brand's Strategy 2020 plan. 

According to the report, CEO Rupert Stadler said that they hope to sell more than 2 million cars by 2020. Audi sold nearly 1.1 million cars last year and aims to sell 1.5 million by 2014.

Audi has also decided it will build a vehicle assembly plant in North America and is considering an engine and transmission plant. 

Source: Automotive News Europe

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Published on July 11, 2011