Rio Prestige

Audi warn of vehicle price increase

Audi’s chief executive, Rupert Stadler has warned that Audi may need to increase its vehicle prices to counter the ever increasing cost of materials and  technological advance.

In an interview with the FT, Stadler confirmed that Audi would consider a price rise if current economic trends continued, and dependant on what Audi’s competitors did.

Price rises are likely to be seen in 2009.

With vehicle prices and road taxes guaranteed to rise due to EU Environmental taxes levied on vehicles with high CO2 emissions by 2011, Rio Prestige confidently predict a rise in the volume of drivers who seek to enjoy supercars through car hire companies and clubs. It is estimated that the “tailpipe tax” on a Porsche Cayenne in 2012 will be approaching £7000.