Audi to overtake BMW as the world’s largest luxury carmaker by 2012 image

Volkswagen AG premium unit Audi AG wants to surpass its rival BMW AG in sales by 2020 , Audi Chief Executive Rupert Stadler was quoted telling Sueddeutsche Zeitung in an interview published on Saturday.

He stressed, however, it isn’t enough to just focus on sales numbers.

Stadler had previously set a goal of making Audi the world’s top premium car maker by 2015.

He also said the company would present “very good numbers” for the first half of the year, which the company is scheduled to release on July 31. “But we, too, feel that the road is getting bumpier,” he cautioned.

Audi has to date refrained from setting a numerical target for 2012 deliveries and merely said it wants to outpace the global passenger-car market, which it expects to expand about 4 percent this year.

“The current order intake proves that for the first half of the year, we will exceed our expectations in all regions,” sales chief Peter Schwarzenbauer was quoted as saying.