Audi India notifies up to 3% price hike from April
German luxury carmaker has attributed hike to rising input costs.
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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.
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