German luxury car maker Audi on Thursday said it will increase prices across the range of models in India by up to 5 per cent citing pressure on its business due to economic factors.
The increase in prices across model range available in India would range from 3-5 per cent, effective January 1, 2014, the company said in a statement. Audi India Head Joe King said: “Various economic factors have put pressure on our business model and resulted in the necessity to increase our prices. Continuing our focus on the customer, we have ensured that the impact is as minimal as possible.”