Audi A4 at Rs 24 lakh

Volkswagen group company Audi on Thursday rolled out its luxury sedan 'A4' with a price tag of over 24 lakh (2.4 million) and said it will bring its Sports Utility Vehicle 'Q7' to India in the last quarter of 2006.

"A4 will be first available in Delhi and Bangalore and will then be launched in other metros," Audi general manager (Africa, Middle east and India) Stefan Hamberger told reporters at the Auto Expo in New Delhi.

The 'A4' bears a starting price tag of Rs 24.74 lakhs (Rs 2.47 million), he said, adding the company is targeting to sell 150 units in India in this calender year.

In total, Audi aims at selling 300 units in India. The German auto giant currently sells A8, A6, and TT Coupe in India.

The seven-seater SUV 'Q7' is being global launched in February starting from Europe and would be brought to India by the last quarter of this year. The Q7 is priced at about euros 50,000 in Germany and is likely to be in the same range in India as well.

The Q7 is available in two engine variants of a 4.2 litre direct injection petrol V8 and a 3.0-litre common rail diesel that uses the latest-generation Peizo injectors. Built on a long wheelbase, Q7 is billed as one of the most spacious SUVs, with the second and third rows of seats having the option of folding flat into the floor.