Audi raises prices by as much as 4% - Livemint

Updated: Wed, Jul 10 2013. 08 07 PM IST Mumbai: Audi, the German luxury car manufacturer, said it will raise prices of the models it sells in India by as much as 4% from 15 July. The company said the price of Audi Q5 would go up by Rs 1.52 lakh from its current tag of 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 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," said Michael Perschke, head, Audi India. The luxury carmaker had sold 750 units in June, up 4% from a year earlier. PTI contributed to this story via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHmvlsP25BeOeMAoUXv2TxbmITXPQ&url=http://www.livemint.com/Companies/JDAasNMQOJDKZmRIA7kbBM/Audi-raises-price-of-its-models-by-as-much-as-4.html

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