Audi India notifies up to 3% price hike from April

German luxury carmaker has attributed hike to rising input costs.

Autocar Pro News Desk By Autocar Pro News Desk calendar 03 Mar 2022 Views icon2216 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Audi India notifies up to 3% price hike from April

Audi India will undertake a price revision of up to 3 percent of the ex-showroom value of its cars from April 1, the company notified in a statement. 

While the move could also be interpreted as one to push sales in the last month of the Indian financial year that works between April to March, the company has attributed the hike to rising input costs, including currency fluctuations, as reasons for undertaking this price increase across its model range.

The luxury carmaker doubled its sales in CY2021 to 3,293 cars, over 1,638 units sold in a Covid-disrupted CY2020. Despite the notable growth registered last year, Audi India is far from reaching pre-Covid levels when sales touched 6,463 units in CY2018 and 4,594 units in CY2019.

Tags: Audi India
Indian Oil signs mega 10-year LNG supply contract with Total Energies

auther Autocar Pro News Desk calendar20 Jun 2024

Total Energies has signed a sales and purchase agreement with Indian Oil Corporation for the delivery to India of up to ...

Indian Oil and GPS Renewables plan JV for compressed biogas

auther Autocar Pro News Desk calendar20 Jun 2024

The joint venture will focus on integrating advanced biogas technologies to convert organic waste into Compressed Biogas...

Tata Motors to increase CV prices from July 1 in third hike this year

auther Autocar Pro News Desk calendar19 Jun 2024

Cumulative January 1, April 1 and July 1 price hikes see Tata Motors’ range of commercial vehicles getting costlier by u...