Audi logo sign is seen inside the lobby at the U.S. headquarters building of the Volkswagen Group of America in Herndon, Virginia, September 18, 2008.
Audi logo sign is seen inside the lobby at the U.S. headquarters building of the Volkswagen Group of America in Herndon, Virginia, September 18, 2008.Reuters

German luxury carmaker Audi on Tuesday launched the RS 5 Coupe in India with a starting price at ₹95.28 lakh (ex-showroom, Maharashtra).

At the launch of the new vehicle, Audi also said that it will raise the prices of all its models for India by 2-3 percent to counter the fall of the rupee in the global market.

"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.

Audi India which has marked a growth of 21 percent during the first half of 2013 also reviewed the prices of its SUVs in the domestic market after the budget. Among the slew of proposals for the auto sector was the additional levy of three percent on SUVs, taking the excise duty to 30 percent.

"We are confident of maintaining the sales momentum and meeting our target of selling 10,800 cars this year. So far this year, we have launched six models including the RS 5 Coupe and we aim to roll out another 3 to 4 new models and variants in the remaining part of the year," Perschke said.

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.

"With its athletic and powerful identity, spontaneous responsiveness and extraordinarily high revving, the new Audi RS 5 is the ideal high performance coupe which embodies the core essence of our brand DNA. The V8 in the new Audi RS 5 coupe conveys the skin-tingling feeling of power and emotion. Displacing 4,163 cc, the 4.2 FSI delivers impressive torque and just like a race engine is right at home even at high revs," said Perschke.