Audi Cars to get expensive from this date: Here’s why and by how much

Audi India has announced a price hike for its cars of up to 2% across the entire model range. The new prices will be effective from June 1, 2024. The German luxury carmaker says that the price increase comes due to a rise in transportation costs as well as rising input costs.
Announcing the price hike, Mr. Balbir Singh Dhillon, Head of Audi India said, “Rising inputs costs are compelling us to increase prices by up to 2% effective June 01, 2024.The price correction aims to ensure sustainable growth for Audi India and our Dealer partners. As always, it’s our endeavour that the impact of rising costs is as minimal as possible for our customers.”

Audi India current product portfolio includes Audi A4, Audi A6, Audi A8 L, Audi Q3, Audi Q3 Sportback, Audi Q5, Audi Q7, Audi Q8, Audi S5 Sportback, Audi RS5 Sportback, Audi RS Q8, Audi Q8 50 e-tron, Audi Q8 55 e-tron, Audi Q8 Sportback 50 e-tron, Audi Q8 Sportback 55 e-tron, Audi e-tron GT and Audi RS e-tron GT.
The company recently reported a strong 33% growth in FY24 by selling 7,027 luxury cars. Audi said that it believes the luxury car sales in India will cross the milestone of 50,000 units annual sales in this calendar year. While the company registered an impressive 33 per cent growth in new car sales, its pre-owned car business, Audi Approved Plus also saw a growth of 50 per cent in the last fiscal. Between January and March 2024, Audi Approved Plus also witnessed a robust growth of 25 per cent.
Audi launched three new cars last year – Q3 Sportback, Q8 e-tron and Q8 Sportback e-tron. Along with that, the company also introduced limited editions of the Q5, Q8 and the S5 were introduced. The demand for the A4, and A6 was stable but the SUVs saw a hike of 174 per cent over the previous year. The performance and EV segment too grew by 40 per cent last year.