German luxury car manufacturer Audi has announced a price hike of up to 3% on its ex-showroom price across its model range in India.
"The price hike is a result of rising input costs and will come into effect from April 01, 2022,” said the company in a statement.
“At Audi India, we are committed to operating a sustainable business model. With rising input costs and changing Forex rates, we are required to take a price hike of up to 3% across our model range,” Balbir Singh Dhillon, Head of Audi India, said.
In 2021, Audi India launched nine new products, including five all-electric cars from the e-tron sub-brand.