Audi hikes prices by up to 4 % - The Hindu

Luxury car maker Audi on Wednesday said it would hike prices across its model range in India by up to 4 per cent with effect from July 15 to offset the impact of rupee depreciation and rise in input costs. "The overall market scenario is challenging. The depreciating rupee and rise in input cost have made us re-evaluate our pricing strategy in India and increase the prices of the entire range," Audi India Head Michael Perschke said. The company said the price of Audi Q5 would go up by Rs.1.52 lakh from Rs.44.5 lakh, while Audi A6 which costs Rs.40.86 lakh will be dearer by Rs.1.80 lakh. Likewise, the Audi R8 that is priced at Rs.1.54 crore will cost Rs.4.42 lakh more following the price hike, while its SUV Q3 priced at Rs.28.56 lakh will cost Rs.40,000 more. The A4 sedan which is priced at Rs.28.5 lakh will be dearer by Rs.75,000. More In: Industry | Business via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHaNzJ0iyq78eKYqDggLj6rm3xncA&url=http://www.thehindu.com/business/Industry/audi-hikes-prices-by-up-to-4/article4901971.ece

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