Audi India has said that it will increase the prices of vehicles in the country due to increase in input cost and change in foreign exchange rates. The revised prices will be applicable from April 1, 2022.
see photosAudi India to increase prices by up to 3 per cent across its model range from April 1
Audi India has decided to increase the prices of its entire model range in the country by up to 3 per cent. The revised prices will be effective from April 1, 2022, and the company has said that the price hike is mainly due to increase in input cost and change in foreign exchange rates. In the past, automakers have increased prices in the month of April, aligning it with the start of the new financial year. For 2022, with Audi India becoming the first manufacturer to officially announce a hike in prices, we expect to hear similar announcements from other brands soon.
Announcing the price hike, Balbir Singh Dhillon, Head Audi India“At Audi India, we are committed to operating a sustainable business model. With rising input costs and changing foreign exchange rates, we need to increase prices by up to 3 per cent across our model range.”
Read also: Audi India to increase vehicle prices by 3% from January 2022
Audi India head Balbir Singh Dhillon said that with rising input costs and change in foreign exchange rates, the company had to increase prices by up to 3 per cent.
This will be the second price hike in India for 2022 from the Ingolstadt-based carmaker. Earlier in January, the company had similarly increased vehicle prices by 3 per cent, citing similar reasons for rising input and operating costs. The company had said that price correction is necessary to compensate for rising input and operating costs. At that time Mercedes-Benz and Maruti Suzuki also announced that they would increase the prices due to rising costs.
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Audi India’s current line-up includes the petrol powered Audi A4, Audi A6, Audi A8 L, Audi Q2, Audi Q5, the recently launched Audi Q7, Audi Q8, Audi S5 Sportback, Audi RS5 Sportback, Audi RS7 Sportback And the great Audi RS Q8. The electric vehicle portfolio under the e-tron brand includes the Audi e-tron 50/55, e-tron Sportback 55, e-tron GT and RS e-tron GT.
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