German luxury carmaker Audi on Monday reported a 27.14 per cent rise in its retail sales in India at 4,187 units in 2022. The company sold 3,293 units in 2021. Although the supply chain challenges and semiconductor scarcity still hold back the full potential of growth, Audi India said its performance in 2022 was buoyed by a strong product portfolio, a revival in customer sentiment and strong business continuity. The luxury carmaker also said it has increased the prices of its vehicles by up to 1.7 per cent in most of its models from January 1. Audi India Head Balbir Singh Dhillon said the company's growth in 2022 is higher than the estimated growth of 20-22 per cent of the luxury section in India and the company witnessed sales growth in all the segments it is present. He said the company's performance in 2022 was despite hitting roadblocks posed by global issues like semiconductor availability and shipment challenges. Audi India said its sales uptick in 2022 was propelled by it
German luxury carmaker Audi on Friday reported a 29 per cent growth in retail sales at 2,947 units in the January-September period of this year in India. Audi India had retailed 2,291 units in the same period last year. The growth was driven by the new A8 and Q7, coupled with continued demand for the e-tron range, A4, A6, Q5 and the RS performance range, the company said in a statement. In addition, Audi Approved: plus, the company's pre-owned car business, has grown by 73 per cent in the first nine months of 2022, it added. "Our performance in the first nine months has laid the foundation for a positive performance in the remainder of the year. "Robust growth, despite the semiconductor shortage and global supply-chain issues reiterates the customers' enthusiasm around the brand and our wide product portfolio," Audi India Head Balbir Singh Dhillon said. In the ongoing festive season, the automaker is expecting good growth on the back of sustained demand, he added. The automker n
German luxury carmaker Audi is maintaining a high double-digit sales growth target in India this year, despite global supply chain issues, riding on buoyant demand and festive season is expected to fuel it further, a senior company official said. The company on Tuesday relaunched its popular Q3 SUV in India with price starting at Rs 44.89 lakh (ex-showroom) after a gap of more than two years. With this, Audi sees the new introduction playing a significant role in its growth in the country going forward. In the January-June period of 2022, Audi India had posted 49 per cent growth in retail sales at 1,765 units as compared to 1,181 units in the same period last year. "No doubt, the first half was good. We are looking at high double-digit growth, but how much it will be I cannot say right now because the global challenges are still not over," Audi India Head Balbir Singh Dhillon told PTI on Tuesday. The supply chain is still not 100 per cent sorted out with the semiconductor shortage
New Rules: Toll prices and property rates surged in Delhi and Uttar Pradesh. Audi announced a price hike on all of its models. Read this article to know what changes have been made till now
The first Indian executive to head the German luxury carmaker in the subcontinent, Dhillon has worked his way up the ranks, writes Pavan Lall
Audi India had retailed 1,181 units in the same period last year
With a combination of the 3-litre petrol powertrain, 48V mild-hybrid system and quattro all-wheel drive, the new Audi A8 L delivers exhilarating driving dynamics, the automaker said in a statement
The company plans to open bookings for the new A8 long-wheelbase sedan in the coming days, with launch expected to follow in the next few weeks
German luxury car maker Audi plans to develop the market in India by bringing in more products and expanding the network across the country, an official of Audi India said on Friday
The VW Group firm re-introduced the Q7 with prices starting at Rs 80 lakh
The luxury carmaker is focusing on technology, digital platforms and below-the-line activities to drive sales
German luxury carmaker Audi on Monday reported a two-fold jump in retail sales at 3,293 units in India in 2021
German luxury carmaker Audi is seeking to accelerate its sales growth in India with the launch of its all-new Q5 SUV, one of its volume drivers next month, according to a senior company official
Customers facing challenges owing to the lockdown will benefit from these extended plans,
The VW Group firm will also kick-start its EV roll out this year with Audi e-tron
The company has already started production of the new car at its Aurangabad plant
In 2014, luxury car sales in India stood at around 30,000 units, while it was at around 31,000 units in 2015.
Cars priced above Rs 25 lakh account for a per cent in India's 3 million-car market and share has remained unchanged over the last five years
Audi India launched its luxury entry-level SUV Q2 in India priced between Rs 34.99 lakh and Rs 48.89 lakh
The benefits range from cash discounts, attractive EMIs to Covid-19 cover