Audi India has forecast a decline in sales for the remaining months of 2024, citing persistent global supply chain disruptions that continue to impair production and deliveries. Despite robust demand for luxury vehicles, the German automaker faces challenges in meeting customer expectations due to these bottlenecks.
"Most of our supply constraints occurred in the first half of this year, from January to June. The situation improved in the third quarter, and we are now seeing normal supply levels. However, due to these earlier constraints, we unfortunately won't be able to achieve our growth targets for this year and will see a decline in overall sales," said Balbir Singh Dhillon, head of Audi India.
This story is from the November 29, 2024 edition of Business Standard.
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This story is from the November 29, 2024 edition of Business Standard.
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