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 icon2126 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
RELATED ARTICLES
Uniproducts India targets 15% growth till FY2027, eyes new EV OEMs for NVH parts

auther Autocar Pro News Desk calendar25 Apr 2024

The Noida-headquartered company, which is a leading manufacturer of roof liners, floor carpets, sound insulation materia...

Ford to build more EV software capability at Chennai tech hub

auther Autocar Pro News Desk calendar24 Apr 2024

Ford Business Solutions India, which currently employs 12,000 personnel set to add 3,000 more; Ford, which is known to b...

ASK Automotive to set up JV with Aisin to sell aftermarket parts for cars

auther Autocar Pro News Desk calendar24 Apr 2024

Ask Automotive will have 51% of the equity of the joint venture to be set up with Aisin Asia (Thailand) Company and Aisi...