Audi to Introduce 17 Models in 2014 in Pursuit of BMW’s Top Spot

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Audi AG plans to introduce 17 new or revamped models in 2014 and will move forward with the production an electric version of the R8 sports car in a push to gain momentum on rival Bayerische Motoren Werke AG.

“We will increase deliveries in all regions of the world, including Europe,” Chief Executive Officer Rupert Stadler said in a speech to be delivered today at the brand’s headquarters in Ingolstadt, Germany. The CEO expects 2014 revenue to rise slightly and forecast registrations in China, Audi’s biggest market, will exceed 500,000 vehicles for the first time.