Audi India has announced a price hike of up to 4 percent across its entire model range from April 1st 2018. The reason is the increase in customs duty announced in the Union budget this February. The price hike will range from Rs. 1 lakh to Rs. 9 lakh depending on the model.
Rahil Ansari, Head of Audi India said, “The increase in Custom duty and introduction of Social Welfare surcharge in lieu of an Education cess (which is higher than the erstwhile Cess) in the Union Budget made the increase in price inevitable. We have tried to absorb the impact of the increase in the Customs duty and have minimized the price hike for our customers. To minimize the impact of the price increase, we are also offering various Audi Finance schemes along with sales and service benefits for our discerning customers who aspire to join the Audi Family,”
He added, “While luxury car industry is undertaking several initiatives and investment to make the dream of owning a luxury vehicle more realistic for all, we also expect the government to support this industry. There is no doubt that increase in car sales would definitely help the Government in garnering more accumulated taxes,”