The Economic Times daily newspaper is available online now.

    Audi India sales dip 6 pc in June quarter

    Synopsis

    Audi India on Monday reported a 6 per cent dip in retail sales at 1,431 units during the April-June quarter this year. The German luxury carmaker had sold 1,524 units in the year-ago period. "While the supply situation in Q2 2024 has improved compared to Q1 2024; it still played a limiting factor on our sales performance," Audi India Head Balbir Singh Dhillon said in a statement.

    Audi India registers 37 percent QoQ growth in Q2 2024, sells 1,431 units: DetailsAgencies
    Audi India
    Audi India on Monday reported a 6 per cent dip in retail sales at 1,431 units during the April-June quarter this year. The German luxury carmaker had sold 1,524 units in the year-ago period.

    "While the supply situation in Q2 2024 has improved compared to Q1 2024; it still played a limiting factor on our sales performance," Audi India Head Balbir Singh Dhillon said in a statement.

    "We are confident that our supplies will normalise during the second half of this year, and we will be able to better serve customer demand," he said.

    Further, Dhillon said, it is important to emphasise that demand remains strong for the company's product portfolio.

    "We are optimistic about long-term growth of luxury mobility in India, including this year," he added.


    (You can now subscribe to our Economic Times WhatsApp channel)

    (Catch all the Business News, Breaking News, Budget 2024  Events and Latest News Updates on The Economic Times.)

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more
    The Economic Times

    Stories you might be interested in