German luxury carmaker Audi, which launched RS 5 Coupe on Tuesday, said it will soon increase prices of its models by up to 3 per cent to protect its margins in view of steep fall in the rupee.
“We will increase prices by 2-3 per cent. We have no option but to pass on some costs to customers. The price hike may take place between July and August,” Audi India head Michael Perschke told reporters.
The new vehicle packs a powerful V8 engine which churns out a power of 331 kW (450 HP) at 8,250 RPM and peak torque of 430 NM between 4,000 and 6,000 RPM.
The Audi RS 5 Coupe is priced at Rs 95.28 lakh (ex-showroom Mumbai).