Audi, the German luxury car manufacturer, today announced that
the company will be increasing the price across the entire model range up to 4 per cent owing
to the increase in the Customs duty announced in the Union Budget. The price increase will
be ranging from INR 100,000 to INR 900,000, and will be effective from 1st April, 2018.
"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,” said Mr. Rahil Ansari, Head, Audi India.
“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,” added Mr. Ansari.
Source : Audi india