Audi Faces Sales Dip Amid Market Challenges

Audi India has reported an 18% decrease in sales, totaling 3,197 units in the first nine months of this year. Despite market challenges, the company remains optimistic, citing GST 2.0 and festive demand. Audi's pre-owned segment grew by 5% during the same period.

Audi India has reported an 18% year-on-year decline in sales, with just 3,197 units sold in the first nine months of this year, compared to 3,889 units in the same period last year.

According to a statement by Audi India Head Balbir Singh Dhillon, the luxury car segment is facing unique dynamics this year, and the company is focusing on delivering meaningful experiences to customers.

In spite of the challenging market and geopolitical scenarios, Audi remains optimistic about ending the year on a positive note, buoyed by GST 2.0 and robust festive demand. Additionally, their pre-owned car business has seen a 5% growth year-on-year in the same timeframe.

(With inputs from agencies.)