The German car maker Audi has announced a price hike across the fleet in India. While sharing the news via official release, the brand says it will increase the prices by 2 percent on all models and will be effective from June 1, 2024.
It has been informed that the decision has been taken due to rising input and transportation costs in the country.
Here’s What Top Official Says on Price Hike
Commenting about the price hike, Head of Audi India, Mr. Balbir Singh Dhillon said, “Rising inputs costs are compelling us to increase prices by up to 2% effective June 01, 2024. The price correction aims to ensure sustainable growth for Audi India and our Dealer partners.”
In addition, he said, “As always, it is our endeavor that the impact of rising costs is as minimal as possible for our customers.”
Audi India Sale Performance
Audi is witnessing a decent customer response in terms of sales. The company has sold more than 7,025 units in FY23/24, registering an overall business growth of 33 percent in the country.
Pre-Owned Car Growth
Apart from this, the company’s Audi Approved Plus, a pre-owned car business platform also saw a growth of 50 percent in FY23/24. The numbers somehow show that the manufacturer is somehow able to secure one of the top spots in the industry, giving tough competition to rival companies in multiple segments.
Currently, Audi offers a wide range of products in Indian market. The fleet includes Audi A6, Audi A4, Audi Q3, Audi A8 L, Audi Q5, Audi Q3 Sportback, Audi Q8, Audi Q7, Audi RS5 Sportback, Audi S5 Sportback, Audi Q8 50 e-tron, Audi RS Q8, Audi Q8 Sportback 50 e-tron, Audi Q8 55 e-tron, Audi e-tron GT, Audi Q8 Sportback 55 e-tron, and Audi RS e-tron GT
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