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Audi India sales see 33 percent growth in FY2023-24

Audi sold 7,027 units in FY2023-24; 1,046 units in Q1 2024.
1 min read12 Apr '24
Autocar India News DeskAutocar India News Desk
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Audi Q5

Limited edition Audi Q5

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Audi India has retailed 7,027 cars and SUVs in FY2023-24, posting an overall growth of 33 percent. The brand retailed 1,046 units in the January-March 2024 period, encountering notable challenges with sales compared to the corresponding period last year, primarily due to supply chain disruptions.

Balbir Singh Dhillon, Head of Audi India said, “We have seen robust growth of 33 percent in FY2023-24 on the back of a diverse portfolio. Our product portfolio continues to witness strong demand and we are poised to overcome supply challenges. Despite ongoing growth in the luxury market, which is tapering off on the back of record-breaking sales in 2023, we are confident about the industry's potential to exceed 50,000 cars in 2024,” he added.

Audi further stated that its pre-owned car business grew by 50 percent in FY2023-24, and registered a growth of 25 percent in the January to March period this year. The company, which has 26 Audi plus approved facilities, has plans to add four more this year.

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Tesla CEO Elon Musk India visit postponed to later this year

Musk was expected to announce an investment to build a factory in India.
2 min read22 Apr '24
Autocar India News DeskAutocar India News Desk
Tesla Elon Musk India visit
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Maruti, Hyundai, Tata and Toyota record best-ever CNG sales in October

Increase in CNG market share for Tata Motors and Toyota, however, has eaten into Hyundai’s CNG market share.
3 min read6 Nov '24
Ajit DalviAjit Dalvi
CNG vehicle sales October 2024
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New MG Select premium car showrooms announced

MG Cyberster will likely be the first of four all-new models to be sold via MG Select outlets.
2 min read16 Sep '24
Sergius BarrettoSergius Barretto
MG Select showroom
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Mahindra overtakes Tata Motors in September sales; takes third spot

Mahindra just 39 units behind Hyundai Motor India in second spot.
2 min read4 Oct '24
Mayank Dhingra Mayank Dhingra
Mahindra vs Tata sales
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Tesla India entry imminent as government approves new EV policy

Participating companies must establish manufacturing facilities in India within three years and commence commercial production of EVs.
2 min read15 Mar '24
Autocar India News DeskAutocar India News Desk

New EV policy will help Tesla which has been intending to enter India.

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