Audi to hike prices by up to 2.4% next month as supply chain costs rise

The company recently opened online bookings for Q3 in India

Audi Grandsphere electric sedan
Audi’s Grandsphere electric sedan. (Source: Audi)
Press Trust of India New Delhi
1 min read Last Updated : Aug 24 2022 | 1:23 AM IST

German luxury carmaker Audi on Tuesday said it will increase prices of its entire model range by up to 2.4 per cent next month.

The price hike is a result of rising input and supply chain costs and will come into effect from September 20, 2022, the automaker said in a statement.

At Audi India, we are committed to operating a sustainable business model. With rising input and supply chain costs, we are required to take a price hike of up to 2.4 per cent across our model range," Audi India Head Balbir Singh Dhillon said.

Audi India sells petrol models A4, A6, A8 L, Q5, Q7, Q8, S5 Sportback, RS 5 Sportback and RS Q8.

The electric vehicle portfolio under the e-tron brand comprises the e-tron 50, e-tron 55, e-tron Sportback 55, e-tron GT and RS e-tron GT.

The company recently opened online bookings for Q3 in India.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :AudiAudi electric vehicleSupply chain

First Published: Aug 23 2022 | 1:16 PM IST

Next Story