Audi Increases Q Range Prices by 2.5%, R8 and RS5 by 15 %

Yesterday we have heard it from Mercedes-Benz India, and today another German luxury car maker, Audi has announced a hike in prices of select models in India. While the increase on the Audi Q3, Q5 and Q7 will be around 2.5 percent, the Audi R8 and RS5 will now cost 15 per cent higher as they are brought via CBU (completely built units) route in the country. The increase in price is effective from March 16, 2013.

“According to the 2013-14 Union Budget there has been an upward revision in Customs Duty and Excise Duty, based on conditional clause on select models. Due to this development we are forced to make a correction in our prices. We understand the overall market scenario is challenging, however, we are offering the customers customized and innovative finance options from Audi Finance which will make their purchase more attractive.” said Michael Perschke, Head, Audi India.

“In spite of the challenges, Audi is the growth driver of the luxury car market in India. We grew by 29 percent in February this year with a sale of 775 units. Our network is also growing from strength to strength with 25 dealerships pan-India. We opened new world-class Audi showrooms in Mumbai South and Lucknow so far this year. Keeping our performance in mind, we are confident of maintaining sales growth this year”, added Mr. Perschke.

Read More on : Audi Q5 price