Audi launches Q5 premium SUV at Rs 38 lakh

The slowdown in the automobile market notwithstanding, German luxury car maker Audi today launched its premium sports utility vehicle Q5 in the local market.

The Q5 will cost Rs 38,29,000 for the 2.0 TSFI (petrol) version and Rs 44,19,000 for the 3.0 TDI (diesel) version, ex-showroom Mumbai. The company already sells the Q7 in India, a bigger version of the Q5.

Audi saw sales of 1,050 units last calendar year and targets to achieve more than 40 per cent growth this year with sales of 1,500 units. It currently sells as many as six models in India, including A4, A6, A8, TT, R8 and Q7.

Benoit Tiers, managing director, Audi India said: "We feel the growth potential for luxury cars in the Indian market is huge and that is evident from the demand for Audi cars. We will continue with our launches in the coming period. We hope for a sustainable growth this year when we have already dispatched 600 cars so far in the first 5 months."

"The market for the SUV segment has seen tremendous growth in this country during the last few years," he further added. The vehicle will be available in six colours and at 11 dealerships across the country starting today.