Audi to Add Models, Expand in BRIC Markets to Topple BMW

Volkswagen AG’s Audi will add models and expand production in emerging markets as the luxury brand aims to topple Bayerische Motoren Werke AG as the largest premium-car maker.

“We expect further growth in the long term,” Chief Executive Officer Rupert Stadler said today at Audi’s annual press conference in Ingolstadt, Germany. “This gives us the confidence to extend our product range and expand our international activities.”