Audi India sales see 33 percent growth in FY2023-24

Audi sold 7,027 units in FY2023-24; 1,046 units in Q1 2024.

Published On Apr 12, 2024 03:20:00 PM

4,764 Views

Limited edition Audi Q5

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.

Also see:

Mercedes India records highest ever monthly, quarterly and yearly sales

Defender, Range Rover sales help JLR India post 81 percent YoY increase

BMW X1, 3 Series boost brand's Q1 2024 sales by 51 percent

Last ever Audi R8 supercar rolls off production line