Latest News | BMW India to Hike Vehicle Prices by Up to 3.5 Pc from April
Get latest articles and stories on Latest News at LatestLY. Luxury carmaker BMW India on Friday said it will increase prices of its entire model range by up to 3.5 per cent from April 1 to offset the impact of rise in input costs.
New Delhi, Mar 25 (PTI) Luxury carmaker BMW India on Friday said it will increase prices of its entire model range by up to 3.5 per cent from April 1 to offset the impact of rise in input costs.
The price increase will be brought into effect to adjust the material and logistics costs, impact of current geo-political situation and exchange rates, the German automaker said in a statement.
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The company sells a range of locally produced cars, including the 2 Series Gran Coupe, 3 Series, 3 Series Gran Limousine, M 340i, 5 Series, 6 Series Gran Turismo, 7 Series, X1, X3, X4, X5, X7 and MINI Countryman.
BMW dealerships also market 8 Series Gran Coupe, X6, Z4, M2 Competition, M5 Competition, M8 Coupe, X3 M, X5 M and iX which are available in the country as completely built-up units.
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BMW India is a 100 per cent subsidiary of the BMW Group, and is headquartered in Gurugram.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)