Audi India Achieves 2024 Sales of 5,816 Units, Hits 100,000 Milestone
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Mumbai, Jan 1 (NationPress) The prestigious German luxury car manufacturer Audi reported on Wednesday that it has sold 5,816 units in India for the year 2024, with 1,927 retail units sold just in the fourth quarter (Q4).
Furthermore, the company has achieved a significant milestone by reaching 100,000 units sold in the country since its inception.
The pre-owned car segment, known as Audi Approved: plus, witnessed an impressive growth of 32 percent in 2024 compared to the previous year, as reported by the firm.
Balbir Singh Dhillon, Head of Audi India, stated, “The first half of 2024 presented supply-related challenges for Audi India, yet the continuous demand for our products showcases the unwavering trust our customers have in the brand.”
With supply improvements in the latter half of 2024, the sales volume surged by 36 percent in the fourth quarter compared to the prior quarter.
“This year also marked a significant milestone of 100,000 cars sold in India. The launch of the new Audi Q8 and Audi Q7, along with a strong product lineup, has allowed us to end the year on a high note in Q4, and we expect sales to continue to rise,” Dhillon added.
The automaker has opened its largest luxury used car showroom in the northeast region located in Guwahati, followed by a new establishment in Mangalore.
Currently, with 26 facilities in major hubs across India, the brand plans to further expand this network to cater to the growing demand for luxury pre-owned vehicles.
“We remain hopeful about the long-term prospects of the Indian luxury car market and are dedicated to providing exceptional experiences for our customers,” Dhillon noted.
The introduction of the new Audi Q8 and Audi Q7 models has strengthened the brand’s Q range and cemented its leadership in the luxury SUV category, generating considerable customer excitement.
Industry data indicates that the demand for luxury cars is thriving in the domestic market.
According to the latest wealth report by Knight Frank, the number of ultra-wealthy individuals in India is projected to rise, with those having a net worth exceeding $30 million expected to reach 19,908 by 2028, up from 13,263 in 2023.
