Lower GST critical for EVs in transition phase: Audi India

Lower GST critical for EVs in transition phase: Audi India

New Delhi: Continued support in terms of lower GST for electric vehicles is necessary till the volumes reach an appropriate level and the industry can sustain on its own, according to Audi India Head Balbir Singh Dhillon. He noted that hybrid cars are not currently part of the company’s strategy for the country and the … Read more

audi: Audi India reports 33 pc rise in retail sales in FY24

audi: Audi India reports 33 pc rise in retail sales in FY24

New Delhi: Luxury carmaker Audi India on Tuesday reported 33 per cent increase in retail sales at 7,027 units for the fiscal ended March 31, 2024. The German automaker had sold 5,275 units in the country in 2022-23 financial year. “We have seen a robust growth of 33 per cent in FY23-24 on the back … Read more

Audi inaugurates a new pre-owned car facility in Guwahati

Audi inaugurates a new pre-owned car facility in Guwahati

Guwahati: Audi, the luxury car manufacturer inaugurated a new pre-owned car facility, Audi Approved: plus in Guwahati, Assam. The inauguration of Audi Approved: plus in Guwahati signifies an addition to Audi India’s retail presence, now harboring a total of 26 such pre-owned car facilities in India. Balbir Singh Dhillon, Head of Audi India said, “Audi … Read more

audi: Red Sea crisis impacting supply chain, expect recovery in coming months: Audi India Head

audi: Red Sea crisis impacting supply chain, expect recovery in coming months: Audi India Head

Muonio: The situation in the Red Sea is creating supply chain issues for German luxury carmaker Audi, impacting car deliveries to customers in India in the first quarter but recovery is expected in the coming months, according to a senior company official. With electrification on its primary agenda, the company is also evaluating the possibility … Read more

Luxury car sales hit top speed in 2023; young professionals drive surge amid lifestyle changes, robust corporate earnings

Luxury car sales hit top speed in 2023; young professionals drive surge amid lifestyle changes, robust corporate earnings

New Delhi: Carmakers in India sold an average of 128 cars priced more than ₹50 lakh every day last year, up from 95 per day in pre-Covid 2019, taking the total luxury car sales to a new calendar-year high.Carmakers attribute the pickup in sales to a lifestyle change post Covid-19, making many younger professionals opt … Read more

Audi India sales jump 89 per cent to 7,931 units in 2023

Audi India sales jump 89 per cent to 7,931 units in 2023

Raipur: German luxury carmaker Audi on Friday reported 89 per cent growth in retail sales in India at 7,931 units last year as compared with 2022. The company had sold a total of 4,187 units in 2022. The sales growth last year was mainly driven by new launches — Q3 Sportback, Q8 e-tron, and Q8 … Read more