The German luxury automaker Audi announces a price hike of its entire model range by up to 2.4 percent starting next month. The luxury carmaker laid emphasis on how this sudden increase in prices is a result of rising input and supply chain costs and hence prices will increase by September 2022. 


COMMERCIAL BREAK
SCROLL TO CONTINUE READING

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 percent across our model range," Audi India Head Balbir Singh Dhillon said.


Also read: Delhi two-wheeler riders to breathe clean air! Startup develops anti-pollution helmets


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.


(With inputs from PTI)