: Audi, BMW hike prices by 3-5 per cent from 1 January

17 May 2015 | Author: | Comments Off on : Audi, BMW hike prices by 3-5 per cent from 1 January

Luxury car manufacturers Audi and BMW Group India have prices across models, 1 January, a move that be followed up by others.

Audi has prices across models in by 3-5 per cent, while BMW Group also decided to hike by 7-10 per cent, the companies in separate statements.

”While has exhibited strong sales in 2013, the overall market has remained challenging. Various factors have put pressure on our model and resulted in the necessity to our prices,” said Joe King, Audi India.

”Continuing our focus on the customer, we ensured that the impact is as as possible. Additionally, we are offering the customised and innovative finance from Audi Finance will make their more attractive,” he added.

had sold 1002 units in a 17.8 per cent rise 850 cars sold during the month a year ago. for the year (January–October 2013) at 8,393 units, a 15.4 rise from 7,267 sold during the same of last year.

Audi India also to expand its dealerships network to 34 by the end of from its existing 30.

The Audi range in India includes A4, A6, A7 A8L, Q3, Q3 S Edition, Q5, Q7, S4, S6, RS 5 Coupй, TT the super sports car R8, R8 Spyder and R8 V10

On Wednesday, the BMW Group India announced plans to hike by 7-10 per cent, effective 1

The price hikes would be BMW and Mini product range, it in a statement.

”At BMW Group, we that both profitability and are essential for a win-win situation at the We are making price decisions all due care and consideration ensuring they pay off in the long run,” Philipp von Sahr, President, BMW India.

BMW Financial Services India and Financial Services India offer a range of financing BMW Financial Services India and Financial Services India also offer Lease for and corporate customers along insurance solutions through cooperation partner in India.

The BMW 1 the BMW 3 Series, the BMW 5 Series, the BMW 7 Series, the BMW X1 and the BMW X3 are produced at the BMW Plant Chennai.

The BMW 6 Series Coupe, the BMW 6 Series the BMW 6 Series Gran Coupe, the BMW X5, the BMW X6 and the BMW Z4 are in the country as Completely Built-up The BMW M5, the BMW M6 Coupe, the BMW M6 Convertible, the BMW 6 Series and the BMW 7 Series ndividual can also be as Completely Built-up Units.

The Mini Countryman is locally at the BMW Plant Chennai. The Mini and the Mini Convertible are imported in as Completely Built-up Units.

BMW which 37 sales outlets in is to increase it to 50 by the end of 2014.

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