Audi India, the luxury car manufacturer, has announced a significant 33 percent growth in retail sales for the financial year 2023-24. They have sold a total of 7,027 units.
This positive growth comes despite challenges faced in the initial quarter of the calendar year 2024 due to disruptions in the supply chain. Statistics for the luxury car sales in India suggest continued growth for the company, aiming to pass 50,000 units in sales for the year 2024.
In a strategic move to widen its reach, Audi India is enhancing its network by introducing four new pre-owned car facilities under its Audi Approved: Plus program. This program has already witnessed a substantial 50 percent growth in 2024. During the first quarter of 2024, Audi India successfully sold 1,046 units.
Expressing his gratitude regarding these achievements, Balbir Singh Dhillon, Head of Audi India, highlighted the brand's significant 33 percent growth in FY24. This emphasizes a resilient product portfolio that continues to drive strong demand for the company in the Indian market. Despite prevailing challenges in the luxury market and a gradual reduction in sales after the record-breaking 2023 figures, Audi India remains confident in the sector's capacity to exceed 50,000 car sales in 2024.
In the initial quarter of 2024, Audi's program experienced an overall 25 percent growth. Presently, with operations through 26 Audi Approved: Plus facilities situated in key locations nationwide, Audi is set to further expand its market presence. It is also adding four additional pre-owned car facilities this year.
Also Read: 1. Will the Electric car era in India die before it begins? 2. New Greener India Goal: No Diesel only Petrol Cars in India 3. All About the Brand New Maruti Fronx-based Toyota Taisor