The corporate attributes gross sales decline to produce chain constraints.
Audi India has retailed 1,431 automobiles and SUVs in Q2 of 2024, posting a development of 37 % as in comparison with Q1 of 2024. Nevertheless, gross sales have dropped 6 % in comparison with the identical interval final yr (April-June 2023), which Audi attributes to challenges within the provide chain.
- Audi gross sales affected by provide chain constraints in Q2, 2024
- Pre-owned automotive enterprise grew 33 % in Q2, 2024
The German carmaker, nonetheless, hasn’t offered a gross sales break up of its fashions or said which was its best-selling mannequin. The model had retailed 1,046 items in Q1 2024, which suggests Audi’s half-yearly gross sales stands at 2,477 items. This quantity is considerably off its chief rivals, BMW and Mercedes-Benz. Having mentioned that, Audi was troubled with provide associated points even in Q1 2024.
Mr. Balbir Singh Dhillon, Head of Audi India mentioned, “Whereas the availability state of affairs in Q2 2024 has improved in comparison with Q1 2024; it nonetheless performed a limiting issue on our gross sales efficiency. We’re assured that our provides will normalize through the second half of this yr, and we can higher serve buyer demand. It is very important emphasize that demand stays sturdy throughout our huge product portfolio.”
Audi additional said that its pre-owned automotive enterprise grew by 33 % within the interval April-June 2024 in comparison with the identical interval final yr; the expansion was 11 % in comparison with Q1 2024. The corporate, which has 27 Audi plus approved services, has plans so as to add three extra this yr.
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