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The luxury car segment is set to recover and regain acceleration, after overcoming GST hassles, Jerome A Edward, CEO, Audi, Andhra Pradesh and Telangana, said here on Monday.
He was here to launch second generation Audi Q5. He said the premium car segment had bounced back after facing problem for two months after the roll-out of the GST regime.
He said the company will open a service centre at Vijayawada in a month to explore full potential of demand in the Amaravati capital region.
“Now, we find GST quite business-friendly. Everyone has fallen in line. The market is also picking up,” he said.
He said Andhra Pradesh accounts for 20 per cent of Audi owners in Telangana and Andhra Pradesh, which the company is confident of raising to 30 per cent during the current year. Last year, Audi sold 160 plus cars in Andhra Pradesh and 400 plus in Telangana. So far, 3,500 Audi cars have been sold in all.
He said the company had set up a full-fledged showroom and service centre in Hyderabad and Visakhapatnam. The second service centre in Hyderabad will be opened shortly. On demonetisation, he said though they were hit initially, within a few months, the market had picked up.
On new Audi Q5, he said the response to the ‘talk of the market’ model was very good. Two variants of the new model are available on-road at ₹64.63 lakh and ₹69.55 lakh.
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