German luxury car manufacturers Audi and Volkswagen announced to cut the prices of products by up to Rs to Rs 2.79 lacs and Rs 80,859 respectively. They made this declaration after the government’s reduction in a CenVAT by 4%.
Audi has cut the prices of its luxury sedans Audi A8, A6 and A4 by Rs 2.79 lacs, Rs 1.51 lacs and Rs 1.21 lacs, while the Audi’s SUV Q7 is cheaper by Rs 1.85 lacs.
Similarly, Volkswagen has cut the prices of Jetta between Rs 46086 and Rs 57814.
The Passat is cheaper by Rs 75,674 to Rs 80,859 in India.
We are happy to pass on the full benefit of the duty reduction to our valued Indian customers. Going forward, it will be our endeavour to support government initiatives aimed at arresting the economic downturn.
- Mr. Joerg Mueller (Volkswagen Group India President & MD) said.
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