Audi To Hike Prices By 3% From April 1 | V3Cars
Audi have decided to hike prices of their cars by up to 3% from April 1. The price hike will help Audi India counter increasing input costs. Car manufacturers typically hike prices of their products during the start of a new financial year. But this time around, several other reasons have also contributed to the 3% price hike on Audi India cars.
Audi India have stated that the price hike will help offset higher input and manufacturing costs. Other reasons include constantly fluctuating Forex rates due to the ongoing tension in Europe.
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Moreover, the shortage of semiconductors have also affected vehicle production and this too added to the increasing input costs.
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This year, Audi launched the updated Q7 in India with a BS6 compliant petrol engine. Last year, they launched 9 vehicles in India. Audi India’s current portfolio also includes 5 EVs. We can expect a price hike this month from other brands as well due to the start of a new financial year.
Also Read: Locally-assembled Mercedes-Maybach S-Class S580 Launched At Rs. 2.5 Crore
ABOUT THE AUTHOR
Mohammad Osaaf
In the age of SUVs and crossovers, it's the traditional, 3-box sleeper sedans that excite him the most. All it needs is a punchy engine, a tight chassis and everyday practicality. Skoda Octavia VRS and BMW M5 are his favourites.
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