Audi India's Retail Sales Dip by 6% in Q2 2024

Audi India reported a 6% drop in retail sales for the April-June quarter, selling 1,431 units compared to 1,524 units in the same period last year. Audi India Head Balbir Singh Dhillon cited supply issues but reassured that demand remains strong and expects supply normalization in the second half of the year.


PTI | New Delhi | Updated: 01-07-2024 14:31 IST | Created: 01-07-2024 14:31 IST
Audi India's Retail Sales Dip by 6% in Q2 2024
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Audi India experienced a 6% decline in retail sales for the April-June quarter of 2024, with 1,431 units sold compared to 1,524 units in the corresponding period last year.

In a statement, Audi India Head Balbir Singh Dhillon noted that while supply issues improved in Q2 2024 relative to Q1, they still constrained sales performance.

Dhillon expressed optimism that the supply situation will stabilize in the latter half of the year, allowing the company to better meet customer demand, which remains strong.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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