As December ends and the new year begins, many auto companies are preparing to increase the prices of their vehicles. Luxury car manufacturers like Mercedes and BMW have already announced price hikes.
Now the name of Audi India has also been added to this list. Audi has been decided to the increase the car prices of all its models recently, which will come into effect from January 1, 2025.
Audi India on Monday announced that all its vehicles will become costlier by three percent from January 2025. Audi India sells premium models like A4, A6, Q3, Q5, and Q7 in India. The company said that this step is being taken keeping in mind the increased costs, inflationary pressures, and operating expenses.
Audi India chief Balbir Singh Dhillon said, “This revision in prices is necessary to ensure sustainable growth for the company and dealer partners. We will try to minimize its impact on the customers.”
BMW and Mercedes-Benz also increased prices
BMW India has also announced to increase the prices of all its models by up to three percent. The new prices will be applied effective from the January 1, 2025. The company said that this increase is necessary due to the current market conditions and rising costs.
Mercedes-Benz India has also announced an increase of up to 3% in the prices of its vehicles. The company said that the prices of their popular models in India will increase by up to lakhs of rupees.
Now is the right time to buy
If you are planning to buy a luxury car, then December is the best opportunity for you. After January 1, the cars of all these brands will become expensive. This increase in prices is considered mandatory to handle the cost and operating expenses in the auto sector. The new year may be heavy on the pockets of those buying luxury cars.