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Audi will increase the price of its cars in India from April 1, 2022, know what is the reason

Currently, the company sells Audi A4, Audi A6, Audi A8 L, Audi Q2, Audi Q5, Audi Q7, Audi Q8, Audi S5 Sportback, Audi RS5 Sportback, Audi RS7 Sportback and Audi RS Q8 in the Indian market. Talking about electric vehicles, Audi e-Tran 50, Audi E-Tran 55, Audi E-Tran Sportback 55, Audi E-Tran GT and Audi RS E-Tran GT are sold.

Audi will increase the price of its cars in India from April 1, 2022, know what is the reason

German luxury car maker Audi may soon start producing electric vehicles locally in India. The company is evaluating feasibility for local production in India. The company has decided to start producing fully electric cars globally from 2033. In view of this, the company is looking for a favorable market for cheap production of electric vehicles.

Audi will increase the price of its cars in India from April 1, 2022, know what is the reason

Audi is planning to start production of electric cars under its Indian arm Audi India and Audi AG. The company said that the decision to start local production of electric cars will be taken on the basis of the demand for its electric vehicles in India.

Audi will increase the price of its cars in India from April 1, 2022, know what is the reason

Audi said that in the past months, the company has launched five electric cars in India, which include e-tron 50, e-tron 55, e-tron Sportback 55, e-tron GT and RS e-tron GT. Audi in India recorded retail sales of 3,293 units last year (2021) which is more than three times as compared to 1,639 units sold in 2020.

How were the sales in 2021

In an official information, the company has said that last year the company’s sales were 100 percent more, increasing doubly compared to the year 2020. German luxury car maker Audi sold 3,293 units of cars in India last year. The company claims that five new all-electric models launched in the country last year have accelerated the growth.

Audi will increase the price of its cars in India from April 1, 2022, know what is the reason

Also, Audi India introduced several ICE vehicles in the Indian market. The best-selling ICE models include the Audi A4 and Q5. The demand for high-end vehicles such as the Audi Q8, A8 L, and A6 also saw an increase. However, the bulk of the volume generators for the company remained cars like the Audi A4, A6 and Q8.

On the achievement of 101 per cent growth in sales, Mr. Balbir Dhillon, Head, Audi India said that the company is very happy with its performance in 2021 despite the constraints posed by the unfortunate second wave of pandemic and other global issues. He said that at present the company is facing several challenges in semiconductor shortage, rising commodity prices and shipments.

DriveSpark Ideas

Audi is about to increase the price of its cars, which is attributed to the input cost. The sales of the company’s cars are going well, now it has to be seen how much the sales are affected due to the increase in price.

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