Mar 9 • 15:32 UTC 🇦🇷 Argentina Clarin (ES)

Elimination of luxury tax on cars: Audi lowered its prices by up to 37,000 dollars

The elimination of the luxury tax on new cars in Argentina has prompted Audi to reduce its car prices by up to 37,000 dollars ahead of the measure's formal implementation.

The Argentinian government's plan to eliminate the luxury tax on new cars, a measure tied to labor reform, has led several automotive companies to announce substantial price reductions. Audi is the latest brand to announce a significant cut, reducing the prices of its models by up to 37,000 dollars. This initiative is expected to take effect fully by April, but the anticipation has already spurred major automotive brands to adjust their prices.

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