Audi

Volkswagen India 'misclassified imports'; faces $1.4 bn tax evasion notice

A notice dated Sept 30 says Volkswagen used to import 'almost the entire' car in unassembled condition -- which attracts a 30-35 per cent import tax in India under rules for CKD, or completely knocked

Supply disruptions to hit production and deliveries in 2024: Audi India

German automaker struggles to meet customer expectations despite strong demand

Luxe automakers on top gear to woo buyers in upscale lounge ambience

They are updating dealership networks to offer customers a more luxurious lounge

Nagpur Audi crash: CCTV footage of bar visited by BJP leader's son missing

CCTV footage of the bar visited by Maharashtra BJP chief Chandrashekhar Bawankule's son Sanket and his friends before his Audi car crashed into several vehicles here is missing, police said on Thursday. The Digital Video Recorder of the place has been seized, said an official. Sanket Bawankule's Audi, allegedly driven by his friend Arjun Hawre, hit several vehicles in Ramdaspeth in the early hours of Monday, leaving two persons on a moped injured. Occupants of a Polo car that was hit chased down the Audi at T Point in Mankapur, apprehended Hawre and one Ronit Chittwamwar, and handed them over to police. Hawre was arrested on Monday night and later released on bail at the police station. "The CCTV footage of the time when they were at La Horee Bar (before the crash) is missing. We seized their DVR on Wednesday and have sent it for forensic analysis," the Sitabuldi police station official said. The manager of La Horee had, on Tuesday, refused to give the CCTV footage and the ...

Audi hit-run case: Maharashtra BJP chief's son did not eat beef, say cops

Maharashtra BJP chief Chandrashekhar Bawankule's son Sanket, who is in eye of a storm after his luxury car hit several vehicles in Nagpur, did not consume beef at a city-based bar before the accident involving his vehicle, police said on Wednesday. But he consumed liquor along with some mutton and chicken dishes there, the police said. The police gave this information in the wake of Shiv Sena (UBT) leader Sanjay Raut's allegation made earlier in the day that Sanket consumed beef at the bar. The Audi car owned by Sanket hit several vehicles in Ramdaspeth area in Nagpur in the early hours of Monday, leaving two persons injured. Although Sanket was present in the car, he was not at the wheel at the time of the crash, the police have earlier said. The person driving the high-end car, Arjun Hawre, was arrested on Monday night and later released on bail (at the local police station). Deputy Commissioner of Police (Zone-II) Rahul Madne denied that beef was served to Bawankule and his ...

Police arrest driver of Audi car owned by BJP leader's son after crash

Police have arrested the driver of a luxury car, owned by Maharashtra BJP chief Chandrashekhar Bawankule's son, after it hit several vehicles in Nagpur city, an official said on Tuesday. The person driving the car, Arjun Hawre, was arrested on Monday night and later released on bail (at the local police station), a senior police official told PTI. Further investigation is on, the police said. The Audi car owned by Bawankule's son Sanket hit several vehicles in Ramdaspeth area here in the early hours of Monday, after which Hawre and one more occupant - Ronit Chittamwar - were apprehended by police. An official from Sitabuldi police station on Monday said the Audi car first collided with complainant Jitendra Sonkamble's car and then with a moped, leaving two youth riding it injured. "The Audi car struck some more vehicles moving towards Mankapur area. At T-Point there, the vehicle hit a Polo car. Its occupants chased the Audi and stopped it near Mankapur bridge. Two occupants, ...

No hybrid, our focus remains on petrol and electric: Audi India Head

Audi India sold 7,027 units in 2023-24, recording a 33 per cent year-on-year growth. In 2022-23, Audi India had sold 5,275 units. However, the company is facing challenges due to supply chain issues

Cloaked Audis, covert CEO meeting: How VW's $5 bn Rivian bet transpired

Intense testing followed at the Palo Alto facility of how the US startup's architecture and software - controlling virtually every function - would work in the German cars

Audi India to hike prices by 2% starting June 2024 amid rising input costs

The recent financial year witnessed Audi India retail 7,027 units, marking an overall growth of 33 per cent

EV policy to encourage production of premium electric cars: Audi official

The new electric vehicle policy unveiled by the Indian government would encourage local production of premium electric cars in the country, a senior Audi AG executive said on Tuesday. Audi AG Vice-President, Sales Overseas, Andre Konsbruck said the Indian government is taking the right steps to accelerate the adoption of EVs in the country. "The government seems to be very committed to sustainability and to the electric future," he said in an interaction here while referring to the new electric policy. Konsbruck said that India is perhaps the first market where a specific regulation is targeted towards premium cars. "So it might really accelerate the localisation of premium electric cars, which will automatically then also drive the demand," he stated. Last week, the Indian government approved an EV policy, under which import duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of USD 500 million, a move aimed at ...

Audi to drive in over 20 new models by 2025-end, says CEO Gernot Dollner

German automaker Audi plans to roll out over 20 new models by the end of 2025 across markets, Audi AG CEO Gernot Dollner said on Tuesday. The company also plans to electrify all core segments by 2027. The automaker has also lined up a capex of EUR 41 billion for the period between 2024-2028. Audi AG will invest EUR 11.5 billion in the development of ICE (internal combustion engine), PHEV (plug-in hybrid electric vehicle) and other segments and EUR 29.5 billion for BEV (battery electric vehicles) and digitisation. "The Audi Q6 e-tron is the start of an extensive product initiative that we will use to rejuvenate our portfolio over the coming years," Dollner stated. He further said: "We are planning more than 20 new models in 2024 and 2025, including the presentation of the A6 e-tron in the summer of 2024 and the new generation of the A5 and Q5 as the first models on the new Premium Platform Combustion (PPC) in the second half of the year." The group is positioning itself for the fu

Bullish on India; luxury car penetration expected to remain low: Audi

German auto maker Audi is bullish on India but believes that till the time high taxes rationalise to a lower level, penetration of luxury cars in the country will continue to remain low compared to South East Asian countries, according to a senior company official. Audi expects growth of the luxury car market in India to moderate to low double digits in 2024 compared to around 25 per cent in 2023. "The overall car industry is growing, as well as the luxury segment is growing. Last year was one of the biggest numbers that the industry could achieve, which is also in line with the overall growth of the country," Audi India Head Balbir Singh Dhillon told PTI. He further said, "(India's) GDP is growing, all the parameters that you see for the growth of automotive industry is showing an upward direction. So we believe we are in the right space at a good time and it's time for India and we will continue to grow as well." Dhillon was responding to a query on how Audi is looking at India a

Audi, ChargeZone inaugurate ultra-fast charging station in Mumbai

German luxury car manufacturer Audi on Thursday inaugurated an ultra-fast charging station, conceptualised and developed in collaboration with ChargeZone, in Bandra Kurla Complex (BKC) here. Claiming to be India's first ultra-fast charging station, it has a total capacity of 450 KW, which delivers 360 KW of power to an electric vehicle, Audi India said in a statement. Currently, Audi India has the luxury EV portfolio with six electric cars -- ?Q8 50 e-tron, Q8 55 e-tron, Q8 Sportback 50 e-tron, Q8 Sportback 55 e-tron, e-tron GT and RS e-tron GT -- in India. According to the company, this charger can charge Audi Q8 55 e-tron with a 114 KWH battery from 20 per cent to 80 per cent in just 26 minutes. "The inauguration of India's first, ultra-fast charging station by Audi India is a significant milestone in our ongoing efforts to develop a comprehensive electric vehicle ecosystem for our valued customers," Balbir Singh Dhillon, Head of Audi India, said. The company said its e-tron ...

Maruti, Mahindra, Audi extend support to customers in cyclone-hit areas

Maruti Suzuki India, Mahindra & Mahindra and luxury car maker Audi have extended support to customers in cyclone and flood affected regions of Tamil Nadu and Andhra Pradesh. In a statement, Maruti Suzuki India said it has collaborated with its dealer partners and made several arrangements at its workshops. As soon as the news about the cyclone 'Michaung' was reported, the company proactively sent out 7 lakh SMS alerts containing precautionary steps to its customers to ensure that even before the cyclone hits, customers could take precautionary measures to safeguard their cars against potential damage, it said in a statement. The company said it mobilised 46 tow trucks from neighbouring cities and activated 34 roadside assistance vehicles for quick response, augmented spare parts inventory for ready availability, and collaborated with insurance firms for faster claim processing and settlement. Mahindra & Mahindra said it has initiated complimentary roadside assistance, no-cost .

Audi India raises prices of vehicles by 2% from Jan 1 on rising input costs

Audi India registered an 88 per cent growth and has retailed 5,530 units in the first nine months of this year

Audi India to hike prices of vehicles by up to 2% from January 2024

German luxury car maker Audi on Monday said it will hike prices of its vehicles in India by up to 2 per cent from January next year citing rising input and operational costs. The price hike will be effective from January 1, 2024 and will be across the model range, Audi India said in a statement. "Due to rising supply-chain-related input and operational costs, we have effected a price correction across our model range, maintaining the brand's premium price positioning," Audi India Head Balbir Singh Dhillon said in a statement. He further said, "the price correction aims to ensure sustainable growth for Audi India and our dealer partners, and we will ensure that the price hike's impact is as minimal as possible for customers." Audi India sells a range of vehicles from Q3 SUV to sports car RSQ8 priced between Rs 42.77 lakh and Rs 2.22 crore.

Rolling in luxury: Top-end carmakers spin wheels of bespoke experience

From drifting and slaloming on sheets of ice to bending laws of motorsport physics, auto majors curate thrills beyond the road

Audi India reports 88% growth in sale, beats 2022 sales in first 9 months

The third quarter (July-September) was particularly strong for the company, contributing 37 per cent of the total sales for the year

Audi reports 88% increase in retail sales at 5,530 units in Jan-Sept

German luxury carmaker Audi on Wednesday reported an 88 per cent year-on-year growth in retail sales at 5,530 units in January-September period this year in India. Audi India had retailed 2,947 units in the same period last year. The launch of the new Q8 e-tron, Q8 Sportback e-tron, Q3 and Q3 Sportback coupled with continued demand for other models like the A4, A6 and Q5 has led to positive growth, the automaker said in a statement. "Our SUVs have witnessed a growth of 187 per cent. With the upcoming festive season, we are expecting this growth to continue on the back of sustained demand," Audi India Head Balbir Singh Dhillon noted. Robust sales performance owing to strong demand, expansion in the luxury car segment, evolving demographics and favourable economic conditions are leading to growth, he added. "We are on a growth path -- sustainable, profitable business is our strategy and we expect to close the year with high double-digit growth," Dhillon stated.

Lower tax on imported EVs will help test India market: Audi official

Dhillon said that the India arm is in talks with the German parent to initiate assembling "some" of its electric cars locally, but declined to provide details on timeline or potential models