From June 1, Audi India to Raise Prices on All Models: What Buyers Need to Consider
German carmaker Audi has announced a price hike across its fleet in India. Sharing the news through an official release, the brand says it will increase prices by 2 percent on all models and will be effective from June 1, 2024. It has been informed that this decision has been taken due to rising input and transportation costs in the country.
Here’s what a top official had to say on the price hike
Commenting on the price hike, Mr. Balbir Singh Dhillon, Head, Audi India said, “Increasing input costs are forcing us to hike the prices by up to 2% from June 01, 2024. The price revision is aimed at ensuring sustainable growth for Audi India. and our dealer partners.” Additionally, he said, “As always, we strive to ensure that the impact of increased costs is as minimal as possible for our customers.”
Audi India Sales Performance
Audi is witnessing decent customer response in terms of sales. The company sold more than 7,025 units in FY23/24, registering an overall business growth of 33 percent in the country.
Pre-Owned Car Growth
Besides, the company’s Audi Approved Plus, a pre-owned car business platform, also saw a 50 per cent growth in FY23/24. The numbers somehow show that the manufacturer has somehow been able to secure one of the top positions in the industry, giving stiff competition to rival companies in multiple segments. Currently, Audi offers a wide range of products in the 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 Included. 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