Audi India grows 33% in FY23-24

Mumbai, April 2024.

Audi India has retailed 7,027 units in FY23-24 posting an overall growth of 33%. The brand has retailed 1,046 units in Q1 2024 encountering notable challenges with sales compared to the corresponding period last year, primarily due to supply chain disruptions.

Mr. Balbir Singh Dhillon, Head of Audi India said, “We have seen robust growth of 33% in FY23-24 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.”

Audi Approved: plus the pre-owned car business also grew at 50% in FY23-24. In the period January to March 2024, Audi Approved: plus witnessed a robust growth of 25%. Currently operating with 26 Audi Approved: plus facilities across all major hubs in the country, the brand will continue to expand and add four more pre-owned car facilities this year.