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Audi Plans to Overtake BMW by 2020, Sueddeutsche Zeitung Says
July 07, 2012
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Volkswagen AG (VOW)’s Audi division plans to overtake Bayerische Motoren Werke AG (BMW) as the world’s largest luxury-car maker by 2020 at the latest, Germany’s Sueddeutsche Zeitung newspaper reported, citing Audi Chief Executive Officer Rupert Stadler.
To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net
To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net
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