BMW hikes price of entire range of cars in India

The price increase will range between five per cent and six per cent

Luxury car maker today said it has hiked the prices of its entire range of cars, including the Mini brand, in India by up to six per cent with immediate effect.

"BMW Group India has announced a price increase for the BMW and Mini product range effective January 1, 2013," the company said in a statement.

The price increase will range between 5% and 6%, it added.

After the hike, the BMW range is priced between Rs 25.50 lakh and Rs 1.42 crore, while the Mini brand would cost between Rs 26.60 lakh and Rs 37.50 lakh.

Commenting on the development, BMW Group India President Philipp von Sahr said: "We want to maintain sustainable leadership in the Indian market with a strong brand and an exceptional model range with unbeatable product substance. With the price increase, BMW Group will maintain its premium positioning in the Indian luxury car segment."

image
Business Standard
177 22
Business Standard

BMW hikes price of entire range of cars in India

The price increase will range between five per cent and six per cent

Press Trust of India  |  New Delhi 



Luxury car maker today said it has hiked the prices of its entire range of cars, including the Mini brand, in India by up to six per cent with immediate effect.

"BMW Group India has announced a price increase for the BMW and Mini product range effective January 1, 2013," the company said in a statement.

The price increase will range between 5% and 6%, it added.

After the hike, the BMW range is priced between Rs 25.50 lakh and Rs 1.42 crore, while the Mini brand would cost between Rs 26.60 lakh and Rs 37.50 lakh.



Commenting on the development, BMW Group India President Philipp von Sahr said: "We want to maintain sustainable leadership in the Indian market with a strong brand and an exceptional model range with unbeatable product substance. With the price increase, BMW Group will maintain its premium positioning in the Indian luxury car segment."

RECOMMENDED FOR YOU

BMW hikes price of entire range of cars in India

The price increase will range between five per cent and six per cent

Luxury car maker BMW today said it has hiked the prices of its entire range of cars, including the Mini brand, in India by up to six per cent with immediate effect.

Luxury car maker today said it has hiked the prices of its entire range of cars, including the Mini brand, in India by up to six per cent with immediate effect.

"BMW Group India has announced a price increase for the BMW and Mini product range effective January 1, 2013," the company said in a statement.

The price increase will range between 5% and 6%, it added.

After the hike, the BMW range is priced between Rs 25.50 lakh and Rs 1.42 crore, while the Mini brand would cost between Rs 26.60 lakh and Rs 37.50 lakh.

Commenting on the development, BMW Group India President Philipp von Sahr said: "We want to maintain sustainable leadership in the Indian market with a strong brand and an exceptional model range with unbeatable product substance. With the price increase, BMW Group will maintain its premium positioning in the Indian luxury car segment."

image
Business Standard
177 22
Widgets Magazine

More News

  • Star TV Advertisers pay IPL-like rates for India-West Indies T20
  • We focused on creating value, not valuation: Bhavin Turakhia We focused on creating value, not valuation: Bhavin Turakhia
Widgets Magazine
Widgets Magazine

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard