BUSINESS

Audi vehicles will become more costly as of this date: This is why, and how much of it

Across the board, Audi India has announced price increases for its vehicles of up to 2%. The revised rates will go into effect on June 1, 2024. The German luxury automaker claims that growing input and shipping expenses are to blame for the price hike.

Mr. Balbir Singh Dhillon, Head of Audi India, made the announcement of the price rise, saying, “Rising input costs are compelling us to increase prices by up to 2% effective June 1, 2024.”

The goal of the pricing adjustment is to guarantee Audi India’s and our dealer partners’ steady development. As usual, we strive to minimize the negative effects of growing expenses for our clients.

Audi A4, A6, A8 L, Q3, Q3 Sportback, Q5, Q7, Q8, S5 Sportback, RS5 Sportback, RS Q8, Q8 50 e-tron, Q8 55 e-tron, Q8 Sportback 50 e-tron, Q8 Sportback 55 e-tron, Audi e-tron GT, and Audi RS e-tron GT are among the current product offerings of Audi India.

The business recently revealed that sales of 7,027 premium automobiles in FY24 represented a robust 33% gain. According to Audi, the country’s premium automobile market is expected to surpass 50,000 units sold annually in India this year. Audi Approved Plus, the company’s pre-owned automobile division, had a rise of 50% in the most recent fiscal year, despite the company’s remarkable 33% increase in new car sales. Moreover, Audi Approved Plus had a strong 25% gain between January and March 2024.
Last year, Audi introduced the Q3 Sportback, Q8 e-tron, and Q8 Sportback e-tron as its three new models. Limited versions of the Q5, Q8, and S5 were also launched by the firm at the same time. Demand for the A4 and A6 remained steady, although SUV sales increased by 174% over the prior year. Additionally, the performance and EV segments climbed by 40% in the previous year.

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