Skip to main content

Audi India reports 33% increase in sales in FY24

The company's pre-owned car business grew by 50% in FY23-24 and registered a growth of 25% in the January to March period this year.

Autocar Professional BureauBy Autocar Professional Bureau calendar 02 Apr 2024 Views icon3973 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Audi India reports 33% increase in sales in FY24

Audi India has retailed 7,027 units in FY23-24 posting an overall growth of 33%. The brand retailed 1,046 units in Q1 2024 encountering notable challenges with sales compared to the corresponding period last year, primarily due to supply chain disruptions.

Balbir Singh Dhillon, Head of Audi India said, "We have seen robust growth of 33% in FY23-24 on the back of a diverse portfolio. Our product portfolio continues to witness strong demand and we are poised to overcome supply challenges."

"Despite ongoing growth in the luxury market, which is tapering off on the back of record-breaking sales in 2023, we are confident about the industry's potential to exceed 50,000 cars in 2024," he added.

Audi further stated that its pre-owned car business grew by 50% in FY23-24 and registered a growth of 25% in the January to March period this year.

The company which has 26 Audi plus approved facilities, will add four more pre-owned car facilities this year, the release noted.

RELATED ARTICLES

Maruti Says Small Car Demand is Back, Share of 1st Time Buyers at 54%

auther Kiran Murali calendar31 Jul 2026

Share of first-time buyers rises to 54% in Q1 as small-car sales grow 34%.

Exclusive: India Set To Become A Strategic V2X Tech Market: Qualcomm

auther Mukul Yudhveer Singh calendar31 Jul 2026

Qualcomm says the government’s decision to delicense the 5.9 GHz spectrum has removed a key hurdle for Vehicle-to-Everyt...

CASE India Sets Out to Double Revenue by 2030 Despite a Slowing Start to FY27

auther Shahkar Abidi calendar31 Jul 2026

Managing Director Shalabh Chaturvedi highlights two-part plan to double revenues via organic and inorganic methods.