audi: Audi to hike prices by up to 2.4 pc from next month

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German luxury carmaker Audi has decided to increase the prices of its entire model range by up to 2.4 per cent from next month.

The automaker said in a statement that the price hike is a result of rising input and supply chain costs.

This will come into effect from September 20, 2022, the automaker said.

“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.

Earlier it was reported that Audi would be focusing only on electric vehicles by 2033 and would stop making cars run on international combustion engines (ICE).

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.

Audi India reported 101 per cent sales in 2021 as compared to previous year and during the first six months (January-June 2022), it witnessed a jump of 49 per cent, Audi India Head Balbir Singh Dhillon said earlier.

With inputs from PTI

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