Buoyed by growing luxury car market in India, German luxury car-maker Audi India, on Monday launched its powerful sedan Audi R8 5.2 FSI with V10 engine in the domestic market.
After a brief lull during the pandemic, there is a strong revival in luxury car sales, bolstered by more launches across price bands, replacement demand, ban on old diesel vehicles in the NCR, and 'revenge buying'.
And it feels entirely different when compared to all its earlier avatars, observes Pavan Lall.
The company attributed the hike to depreciating rupee and rising input costs.
Audi plans to launch a total of 10 products in India this year as it looks to fend off stiff competition from rival Mercedes-Benz.
CarDekho team drove the facelifted version of Audi's immensely popular compact luxury sedan - A3 in Germany
Audi launches Avant RS6 in India.
Audi has an impressive line up of luxurious cars at the Auto Expo.
Skoda Auto India, the Czech carmaker that has recently found success with its compact SUV Kylaq, says it remains committed to developing a fully localised electric vehicle (EV). The EV will be manufactured at its Chakan facility for both Indian market and exports.
American electric carmaker Tesla has opened recruitment for various roles in India, including business operations analyst and customer support specialist, in what could be a precursor for the company's entry into the country. As per the job postings on the company's website, the posts are for the 'Mumbai Suburban' area.
The increase in prices across model range available in India would range from 3-5 per cent, effective January 1, 2014, the company said in a statement.
'To become more Indianised we had to be more colourful,' Rahil Ansari, Audi's India head, tells Ajay Modi.
In response to Mercedes-Benz' new cars which it introduced in 2014, Audi is all set to launch 10 products in 2015.
Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.
Carmakers Mercedes-Benz, Audi, Renault, Kia India and MG Motor on Wednesday announced plans to hike vehicle prices from January to partially offset the impact of rising input costs. They join the likes of market leader Maruti Suzuki India and Tata Motors, which have also made the year-end announcements to raise prices from next month. Audi India said it will increase prices of its entire model range by up to 1.7 per cent, while Mercedes-Benz India noted it will hike the prices by up to 5 per cent from January 1.
The rise of startups and a thriving entrepreneurial culture in Tier-II and Tier-III cities is contributing to the increasing sales of high-end cars.
A part of Volkswagen Group, Audi currently imports its 'A4', 'A6' luxury sedans and SUV 'Q7' in India through the completely-built-unit route.
The 1,968cc four-cylinder TDI diesel engine-powered A5 Sportback was a smooth drive, but the S5 Sportback with a 3-litre V6 TFSI quattro tiptronic engine was a mind blowing experience.
Dealerships, too, are going all out to roll out the red carpet for women.
Audi sold 10,851 units last year, higher than Mercedes-Benz, which sold 10,201 units.
The Audi Q5 range starts at Rs 38.29 lakh (Rs 3.83 million) for the 2.0 TFSI and Rs 44.19 lakh (Rs 4.42 million) for the 3.0 TDI.
The company now offers seven different models of SUVs in India compared to two models a decade ago and contributes around 40 percent of sales up from 30 percent a couple years ago.
Audi, currently, holds the crown of 'Numero-uno' luxurious automaker in the country and it is, by no means, ready to drop this prestigious title.
German luxury car maker Audi on Monday said it will start production of vehicles in India by next year, utilising group company Skoda's facility at Aurangabad and would float a new sales company.
Skoda Auto Volkswagen India has filed a case against tax authorities over the Rs 11,000 crore (about USD 1.4 billion) show cause notice for alleged customs duty fraud related to the import of cars as completely knocked down units.
BMW Group India recorded its highest annual sales on the back of strong demand for its top-end ICE (internal combustion engine) and electric vehicles (EVs). The German luxury automaker on Thursday announced that its domestic car sales jumped 18 per cent year-on-year (Y-o-Y) to 14,172 units in calendar year 2023 (CY23). This mirrored a trend in the luxury space, with its peers also reporting record numbers.
German luxury car major Audi on Wednesday said it plans to increase local production of its models in India, with its sedan A4, which could be the next one to be manufactured there. The company has already started local production of its A6 sedan at the facility of Skoda, which is also a part of the Volkswagen Group
Almost 5 years after it aborted a planned foray into the Indian market with sister concern Skoda, German luxury car maker Audi AG is again preparing to drive into Asia's fourth-biggest car market with the Rs 35 lakh two-door TT Coupe.
Cars priced above Rs 25 lakh account for 1 per cent in India's 3 million-car market and the share has remained unchanged over the last five years.
The company retains tag of being India's largest luxury car seller.
The car feels as if it's always on edge.
Mercedes-Benz India, BMW India and Audi India have lined up over 50 new model launches as they seek to recoup previous year's loss in volumes, reports Shally Seth Mohile.
The new Audi R8 V10 is a super-fast car that is also intelligent
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.
German luxury carmaker Audi, which launched RS 5 Coupe on Tuesday, said it will soon increase prices of its models by up to 3 per cent to protect its margins in view of steep fall in the rupee.
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way
The two car makers from Germany, BMW and Audi are in a tug of war for the top slot in the luxury car segment in India.
The new car market is estimated at around 30,000 units a year in sales in a good year, whereas the used car market for luxury vehicles is estimated at around 60,000 cars annually.